Tag Archives: Overseas

Overseas Loan

Today TaxMama hears from Camilla in Georgia who is concerned. “My sister is wiring money to me from oversea as a loan, so I can buy a house. Do I need to report it? And more importantly to pay tax on it?”

Physical Presence

Today TaxMama hears from Erik in Columbia who needs help. “I have a question about the physical presence test and the exemption granted by the “waiver of time requirements”. I work most of the year in Colombia, South America. When I am on break I am directed by my employer to leave the country because […]