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    mrpotts's Avatar
    mrpotts Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 21, 2011, 07:53 PM
    Tax law immigrants moving to usa and money?
    I recently married and my husband is from the UK. He sold his flat and wants to wire the money to our account. It is under $100,000. Will we need to claim taxes on this he already paid taxes in the UK for this money.
    lawanwadee's Avatar
    lawanwadee Posts: 3,653, Reputation: 124
    Immigration Expert
    		  
    #2

    Apr 23, 2011, 04:49 PM

    He does not have to pay US taxes for this amount, plus he can also claim foreign earned credit, but he must report this $$ on 1040, married filing jointly or filing separately.

    Good luck...
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