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Am I subject to gift tax for sending money to family relatives that live overseas
How much money can my wife, who is a permanent resident alien, and I, a U.S. citizen, send to my wife's sister who is a Chinese citizen without being subjected to the gift tax?
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$13,000 in a year. Both of you can separately send $13,000 to the same person. Your U.S. Tax Return: The U.S. Gift Tax |
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