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    bizman0212's Avatar
    bizman0212 Posts: 1, Reputation: 1
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    #1

    Apr 6, 2013, 04:36 PM
    Money subject to US taxation brought into the country ?
    Often I have spending money left on my return from vacation overseas. I know anything over $10,000 has to be pre-declared with customs using a form. Often times I bring back half of what I brought, is the money still taxable or needs to be claimed with US Customs on my return ?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Apr 6, 2013, 11:39 PM
    You have to declare it, but there are no taxes due.
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