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guscusi
Nov 25, 2013, 05:33 PM
I am about to receive a wire transfer from Argentina of around 500,000, which is a gift from my father, funds which I will later invest. I believe I must simply file F3520 with the IRS, since my father is not a US citizen or resident and this is a gift. Am I missing something?

AtlantaTaxExpert
Nov 25, 2013, 09:53 PM
You have it right.

guscusi
Nov 26, 2013, 10:48 AM
You have it right.

Thanks!

AtlantaTaxExpert
Nov 26, 2013, 11:15 AM
Glad to help!