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View Full Version : International Student in the US pay tax for $15,000 gift from abroad?


neoniceguy
Mar 25, 2009, 05:03 PM
I'm an international student. Working as a research assistant. Late 2008 my parents sent almost $15,000 as a help-gift or whatever to me so that I can settle down in the US. After I found out that heyyyy now here it comes! Tax season! I got so nervous if I have to pay its tax? What forms? Please help me!

I am a foreigner, no US citizen parents - $15,000 as a gift - I have SSN and that's all.

Many thanks in advance

MukatA
Mar 25, 2009, 07:43 PM
You do not pay any tax on gift you receive. It is not an income.

sandeepg
Mar 29, 2009, 09:34 AM
You don't have to pay income tax on it since it is not connected with any US source.