I am a Green Card holder, and currently live in the US. I would like to loan some money (just under $30K of money that I have already paid taxes on here in the US) to my dad who lives outside the US, and he is neither a US citizen nor Green Card holder. My dad will then send me back the same amount of money (i.e. no interest) a few months later after his liquidity situation resolves.

My questions:

1- Can I send the full amount in one go? Are there limits on international wire transfers? Are there tax implications of transferring that amount outside the US?
2- When my dad sends me back the money, will I be taxed on it? Any issues I should be aware of?

Thanks!
H

1) Yes, you can send the full amount.

2) There are NO transfer taxes for either sending or receiving $30K (or any other amount), and $30K is below the threshold for reporting the transfer using Form 3520, wwhich has a $100K reporting threshold.