Hi everyone,
I immigrated to the USA in 2015 and currently have citizenship. With that being said, I never returned to Germany and my bank account that I had is still open.
My parents parents gifted me some money from the sale of their houses (30k).
How do I handle this in regards to tax return? Do I have to declare it as income? It currently does not accumulate any interest.
I immigrated to the USA in 2015 and currently have citizenship. With that being said, I never returned to Germany and my bank account that I had is still open.
My parents parents gifted me some money from the sale of their houses (30k).
How do I handle this in regards to tax return? Do I have to declare it as income? It currently does not accumulate any interest.
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