Large deposits to my account
in Banking, Insurance & Loans ·
I’ve been digging through the tax code here in the US, but I can't find anything clear on whether a loan from one individual to another is taxable, or if there’s even a cap on how much you can move. Specifically, I'm looking at an incoming wire from overseas.
I'm talking about needing about $X00000 in loan funds.
I'm talking about needing about $X00000 in loan funds.