bell notificationshomepageloginNewPostedit profiledmBox

Hoots : Filing FBAR if I wire transfer to my parents Account? Do I need to file FBAR if I send 000 to my fathers account in India? - freshhoot.com

10% popularity   0 Reactions

Filing FBAR if I wire transfer to my parents Account?
Do I need to file FBAR if I send 000 to my fathers account in India?


Load Full (1)

Login to follow hoots

1 Comments

Sorted by latest first Latest Oldest Best

10% popularity   0 Reactions

Do you have signature authority or interest in the account? Then yes.

Interest in the account means that you wire K to your dad, but the money still belongs to you (I.e.: if you ask for it your dad will give it back to you).


Back to top Use Dark theme