Father Paul
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RE: Gift money from UK to US
Thank you. So there is no tax liability for me as the sender, but will my daughter be required to pay any tax in the US? Many Thanks, Paul -
Gift money from UK to US
I have a daughter living in the US. She is a graduate student studying at university and she is also employed as a paid teaching assistant at the same university. If I send her money to help with her living expenses, will either I or her have to pay any tax on the amount? Thank you.