PDA

View Full Version : Tax law immigrants moving to usa and money?


mrpotts
Apr 21, 2011, 07:53 PM
I recently married and my husband is from the UK. He sold his flat and wants to wire the money to our account. It is under $100,000. Will we need to claim taxes on this he already paid taxes in the UK for this money.

lawanwadee
Apr 23, 2011, 04:49 PM
He does not have to pay US taxes for this amount, plus he can also claim foreign earned credit, but he must report this $$ on 1040, married filing jointly or filing separately.

Good luck...