How to document receiving a large ($1m+) money transfer from abroad?

You need to report the gift on Form 3520 as you know. You should retain documentation of the gift and the source of funds in your files (i.e....

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Your question and situation appears incomplete. Unless you meet an exception due to low income, you are required to filed tax returns. Age has...

You need to amend the joint return to show your income. Otherwise it is a false return which is a crime. You will have to return a portion of the...

My x-partner & I own a home. He's on mtg, both of us are on deed. There's an IRS lien of $60k. Can he refi w/out my signature?

He cannot refinance without your approval so long as you are on the recorded deed. Even if you do approve, the bank won’t do it unless the IRS...

Can I funnel online sales income through a relative’s PayPal, and how do I prove to the IRS that it’s my income, not hers?

I like Mr. Zagara’s idea of reporting the income on your sister’s return and then showing the deduction. I would add that she issue to you a...

I wonder why your employer did that? Was he/she trying to help you? Clearly, they cannot forge your signature. As for what you can do about it...

My boss is paying my under the table with a written company check each week. Can this be tracked by the IRS?

You need to report the income. The failure to report is a crime for which you can be prosecuted and sentenced to a jail term. You should simply...

Form 433-D is the form used by the IRS for individuals to establish an installment agreement. I suppose you were told to fill out this form by an...

What do I do if I didn’t file for tax as an international student?

Go to the California Society of CPAs and ask to be referred to a CPA knowledgeable in the taxation of foreign residents living in the United States.

Can the irs garnish boyfriend's tax refund because of girlfriend's student loans?

The answer to the question is a simple and emphatic NO! Note, if money was owed on a student loan, the IRS would not be taking the money, the...