A foreign company owned by my family sent me $25,000 as a gift — does the $100,000 threshold apply?
I'm now a US resident, and my family still runs our business abroad. This year the company itself — not my parents personally — transferred me $25,000, described in the paperwork as a gift for my relocation. I assumed gift reporting only starts above $100,000. But a thread I found suggested company gifts have a much lower bar and might not even count as gifts at all. What's the real rule for 2025 and 2026?
Related Questions
My mother sent $75,000 and my aunt $40,000 in the same year — each under $100,000, so no Form 3520, right?
I became a US resident last year. This year my mother (not a US person) wired me $75,000 and her sister added another $40,000, both to help me settle in and fund my company. Neither transfer crosses t...
Does the $18,000 annual gift tax exclusion apply to non-resident aliens?
I'm a non-resident alien living in Brazil and I want to give money to my niece who lives in the U.S. for her education. Can I use the annual gift tax exclusion? Is it the same $18,000 amount as for U....
What do Form 3520 and 3520-A penalties actually look like in dollars? Trying to size my exposure
I'm reconstructing several years of foreign trust filings I didn't know I owed — I moved to the US three years ago with a family trust in the background. Before I talk to a professional I want to unde...
Can I gift my U.S. LLC interest and stocks to my children without U.S. gift tax as an NRA?
I'm a non-resident alien from South Korea and I own a U.S. LLC plus a substantial U.S. stock portfolio. I'm doing estate planning and my advisor suggested gifting these assets to my children now inste...
My father lived in Argentina and owned assets worldwide, but only some were in the U.S. Does Form 706-NA look only at the U.S. property?
My father was not a U.S. citizen and did not live in the United States, but he did own a Florida condo, some U.S. securities, and other assets entirely outside the U.S. Family members keep mixing dome...
People keep quoting the big U.S. estate tax exemption, but someone told me a nonresident estate might file at only $60,000 of U.S. assets. Is that real?
I am handling an estate for a relative from South Korea who never lived in the U.S. The family keeps repeating the domestic U.S. estate-tax exemption numbers they hear in the news, which makes it soun...
I want to transfer cash to my spouse in 2026, but my spouse is not a U.S. citizen. Is there still a limit even if we are married?
I am a nonresident donor and my spouse also is not a U.S. citizen. Family members keep assuming that spouse transfers are automatically unlimited because they are thinking about the normal marital ded...
Does holding US property through an LLC protect me from estate tax?
I keep reading that a US LLC gives liability protection. If I move my US real estate into a single-member LLC, or into a multi-member LLC with a partner, does that take it out of the US estate-tax net...
Our trust deed names no US beneficiaries — does that protect me from the grantor trust rules when I move to the US?
My parents and I set up a foreign trust years ago. The deed lists only family members in our home country, and nobody in the family lives in the US today. I'm planning a move to the States for my star...
I funded a foreign family trust in 2023 and become a US resident in 2026 — is there really a deemed transfer on day one?
Three years ago, while I was still a nonresident, I moved shares of my company into a foreign family trust for succession planning. Next year I'm relocating to the US for good. A cross-border advisor ...
Have a similar question?
ForeignLLCTax members get expert answers with IRS citations. One CPA consultation costs $200+. Full access is $9.99/month.
Become a Member — $9.99/moDisclaimer: All content on ForeignLLCTax.com is created by a tax professional and is provided for general educational and informational purposes only. It does not constitute tax, legal, or accounting advice, and should not be relied upon as such. Every tax situation is different — for advice specific to your circumstances, please consult a licensed CPA, Enrolled Agent, or tax attorney. By using this website, purchasing a subscription, or accessing any tools or services, you acknowledge that no client-professional relationship is established between you and ForeignLLCTax.com or its operators. This website is not affiliated with the IRS.
