I am a U.S. Citizen living and earning an income overseas. My spouse is not a U.S. Citizen or Resident.
Question regarding my U.S. Federal Income Tax liability: if my foreign wife gives me cash (in the form of a foreign to foreign bank transfer), and if I then transfer that money back to the U.S. from my foreign bank account to my U.S. bank account, will I be liable to pay (or at least report) any tax, be it income, or gift or other?
I am seeing some conflicting information online, some of which states there's a maximum of USD11,000 a year, or even $100,000 a year that would be exempt from payment and filing. Thanks in advance!