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View Full Version : Tfr from hungary to usa


rrice
Aug 13, 2012, 07:48 AM
I am to receeive some money from relatives in hungary - it is over 10,000 so if I have them send less than 10000 how often can they do it and do I delare this money on my income tax?

AtlantaTaxExpert
Aug 13, 2012, 07:51 AM
There are no transfer taxes on the U.S. so you will not have to declare the money on your tax return.