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    garyhile's Avatar
    garyhile Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Feb 1, 2011, 05:21 AM
    Wire transfer from Europe to my US Bank
    I worked in Greece for several years under a work visa. I did declare all income while there to the IRS yearly. If I set up a monthly wire transfer of $2000.00 to 3000.00 from my bank in Greece to my bank in the US; will that set off any alarms?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Feb 1, 2011, 05:31 AM
    Quote Originally Posted by garyhile View Post
    will that set off any alarms?
    Hello g:

    Sure. But, if you paid taxes on the money, no sweat.

    excon
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Feb 7, 2011, 11:43 PM
    Excon is correct. There are NO transfer taxes in the U.S. and if you can properly account for the money, you should have no problems.
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