You should report this money to IRS next year in your Tax return as a gift. You don't need to pay tax, since everybody in US has 1 million $ gift quota in his/her life time, your left gift quota will be 1mil - 60K. IRS needs this number to trace your gift quota. After you use up all those 1mil gift quota, then you need to pay tax to IRS.
Answer from my study
所有跟帖:
• 不对吧。他是汇给父母。不是gift -yddad- ♂ (0 bytes) () 03/18/2011 postreply 10:29:31
• doesn't matter, all are gifts unless to your wilfe -cisa- ♂ (0 bytes) () 03/18/2011 postreply 11:19:24
• 回复:Answer from my study -Lanzy- ♀ (82 bytes) () 03/18/2011 postreply 13:54:08