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-   -   Is there a tax for money being transferred to US? (https://www.askmehelpdesk.com/showthread.php?t=614166)

  • Nov 22, 2011, 03:00 PM
    pajaro99
    Is there a tax for money being transferred to US?
    I'm a non permanent resident in US with a work visa, I'm selling a property abroad and I'm planning to transfer this money via a wire transfer to my US bank account. Do I need to pay taxes as a result of this operation?
  • Nov 26, 2011, 10:58 PM
    taxesforaliens
    The transfer itself would not trigger any taxes, however, selling a property abroad needs to be reported on your tax return (unless you are a non-resident alien).
    You might have to file from 3520.

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