FlyerTalk Forums - View Single Post - How to get a large amount of money out of China
Old Jun 25, 2019, 11:12 pm
  #66  
889
 
Join Date: Oct 2014
Posts: 3,099
There's mention of "substantial money" coming down the road to one child, so I'll remind folks of little-known IRS Form 3520, to be filed if a U.S. person receives gifts or bequests from abroad totalling U.S.$100,000 or more in a single year.

https://www.irs.gov/pub/irs-pdf/f3520.pdf
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