Ask Experts Questions for FREE Help !
Ask

Search:

Type: Posts; User: Rebbe17

Search: Search took 0.00 seconds.

  1. Answers
    41
    Views
    3,768

    So I've decided to wire her 13K, get a travelers...

    So I've decided to wire her 13K, get a travelers check for 5K or so and take 4K in cash. Therefore I won't have to declare it leaving the US and then just not declare it entering China. They say...
  2. Answers
    41
    Views
    3,768

    Well, I plan on declaring it at both custom...

    Well, I plan on declaring it at both custom checkpoints because it's over $10k, and as long as it doesn't exceed any Chinese limits. Also, I thought the reason for explaining the money was mainly...
  3. Answers
    41
    Views
    3,768

    Ok, I will. I'm pretty sure that I have to...

    Ok, I will. I'm pretty sure that I have to declare anything over $10k when leaving or entering the US, but didn't think there was any taxes on it because I'll be using it for a wedding/honeymoon...
  4. Answers
    41
    Views
    3,768

    And I should declare that money at customs,...

    And I should declare that money at customs, correct? Just say that it'll be used for the wedding and stuff? Then, it'll be exempt from a gift tax?

    Sorry, I'm asking so much. Just trying to...
  5. Answers
    41
    Views
    3,768

    Yes, I definitely will. Thank you for all of...

    Yes, I definitely will. Thank you for all of your help, I really appreciate it.

    So I guess I'm just going to take the $22k with me in form of travelers check and then give it to her to put in...
  6. Answers
    41
    Views
    3,768

    I have no idea how filing married works. I've...

    I have no idea how filing married works. I've never been married.
  7. Answers
    41
    Views
    3,768

    She will definitely have income from China as she...

    She will definitely have income from China as she has a good job in Shanghai...
  8. Answers
    41
    Views
    3,768

    Is there a clear cut, better option between the...

    Is there a clear cut, better option between the two ways of filing married? It seems that "married filing separately" would be easier internationally.
  9. Answers
    41
    Views
    3,768

    Would it be better to keep filing single until...

    Would it be better to keep filing single until after we sell the property? Is that even an option? It seems that it will be complicated filing jointly internationally.
  10. Answers
    41
    Views
    3,768

    ... as the apartment will be in her name only.

    ... as the apartment will be in her name only.
  11. Answers
    41
    Views
    3,768

    What if I just bring the $22k with me on the...

    What if I just bring the $22k with me on the plane via travelers check and give it to her after we marry for the down payment? I'll declare it on the flight and say that it will be used for a...
  12. Answers
    41
    Views
    3,768

    Do you think it'd be best to do this in 3...

    Do you think it'd be best to do this in 3 transfers of $7k?
  13. Answers
    41
    Views
    3,768

    Sorry I'm asking so many questions. I really...

    Sorry I'm asking so many questions. I really appreciate the help. One more question: She will be buying the apartment in her name. How will the potential Capitol gain tax work? Is there...
  14. Answers
    41
    Views
    3,768

    So, is everything I've mentioned doing legal? I...

    So, is everything I've mentioned doing legal? I can just send her $22k? Anything else I need to know? Also, is this the best way to go about doing this?
  15. Answers
    41
    Views
    3,768

    My friend said something about filing a gift tax...

    My friend said something about filing a gift tax return for $0. Not sure why
  16. Answers
    41
    Views
    3,768

    So, I'll be OK by just sending 22k per wire...

    So, I'll be OK by just sending 22k per wire transfer from my US bank to her Chinese bank?
  17. Answers
    41
    Views
    3,768

    She'll be using the money to help with the down...

    She'll be using the money to help with the down payment of an apartment in Shanghai. We will marry next month, before completion of sale.
  18. Answers
    41
    Views
    3,768

    Since we are buying an apartment with this money,...

    Since we are buying an apartment with this money, what about calling it an investment and not a gift? Someone told me that we can write up a contract saying that we're going to mutually enter an...
  19. Answers
    41
    Views
    3,768

    Can I just take the money with me on the plane...

    Can I just take the money with me on the plane and give it to her when I get there next month? Then, instead of calling it a GIFT, if asked, I'll just say that I used the money for our wedding...
  20. Answers
    41
    Views
    3,768

    Unified credit?

    Unified credit?
  21. Answers
    41
    Views
    3,768

    So, would it be better for us to get married...

    So, would it be better for us to get married first and then wire transfer the money to her in full? What kind of percentage do they take for the GIFT tax?
  22. Answers
    41
    Views
    3,768

    Yes, we're very close. No need for concern.

    Yes, we're very close. No need for concern.
  23. Answers
    41
    Views
    3,768

    Taxes on money sent to China

    I am a US citizen and am wanting to send around $22,000 to my fiancée in China. What's the best way to do this? I was thinking of sending $13k per wire transfer to her account and then taking...
Results 1 to 23 of 23