NaChavNenuChasta Posted September 4, 2018 Report Posted September 4, 2018 yes..if you are sending to parents account above 14k you have to pay gift tax Quote
cup_saucer Posted September 4, 2018 Author Report Posted September 4, 2018 6 minutes ago, NaChavNenuChasta said: yes..if you are sending to parents account above 14k you have to pay gift tax to other person and parents not be involved here. so i cant transfer to their account first and transfer from their once again. so what is it in this case. and is it 14k from one transfer or does it applies even if i split between xoom, WU, remitly etc and send wire? Quote
watt_a_fruit Posted September 5, 2018 Report Posted September 5, 2018 10 hours ago, cup_saucer said: eppudu intha pedda amount send cheyyaledu. urgent but not so urgent like couple days lo i should send ani... so i have 1 week time closely. credit cards nunchi theesa amount. i should send $16000 to $20000 to single account in india.. friends tho exchanges is 1 option. kani no one is planning to send so they are unavialble option currently. inka em ways so that i dont get any letter or warning if at all we are not supposed to send so much. family ki pamputhuntey dnt worry send it Remitly/xoom needs extra verification to do it anthey ledantey 3k per day Quote
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