I want to transfer $90,000 from the US from my account to my brothers account and I wanted to understand if he needs to declare this via IRS?

1. Will he need to submit a Form 3250?
2. if I send him an additional $15,000 within that same tax year will he still need to submit form 3250
3. Are there any tax implication?
4. Will I need to provide some sort of evidence on the $95,000 transaction from UK to US transfer?

Thanks

Taylor

If ALL you send is $90,000, then NO Form 3520 is required.

However, send $90K, then an additional $15K, then the Form 3520 is necessary.

There are no tax implications from the Form 3520.