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    gaspar1's Avatar
    gaspar1 Posts: 1, Reputation: 1
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    #1

    Sep 14, 2009, 09:18 AM
    Tranfering money
    I want to know if someone want to transfer their money from foreing country to usa will be legal ? And if so how much money to IRS I have to pay for ?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Sep 16, 2009, 10:25 AM

    Yes, it is legal to transfer money to the US. No taxes are owed on transfers you receive.

    Please verify for me - the transfer you are considering is from someone you know and trust, right? Be aware that there are a lot of scams out there regarding international money transfers, so take care. For example, see:

    Scams: Money Transfer

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