Opening a foreign currency account...
in Banking, Insurance & Loans ·
I’m looking to open a foreign currency account so I can receive regular monthly transfers from abroad. What kind of impact does this have on me personally? Am I going to run into any tax obligations with the IRS or the government? (Just to clarify, I don't have a job and I don't have any other income—I'm currently a full-time college student.) Basically, it would be my father's salary being deposited into my account every month. Thanks in advance for any insight