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  • Jan 24, 2012, 02:40 PM
    lesposito
    IRS regulations for transferring money?
    Are there any penalties from the IRS in transferring funds from UK to USA?
  • Jan 24, 2012, 03:22 PM
    AtlantaTaxExpert
    Not that I know of.

    If the transfer exceeds $100,000, Form 3520 is required, but that is an information return only to identify the source of the funds.

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