Is sending money overseas to a family member tax deductible in any way?

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2007-02-01 09:36:39 · 4 answers · asked by CARL D 2 in Business & Finance ➔ Taxes ➔ Other - Taxes

No. If it were I'd make my son move overseas.

2007-02-01 09:41:18 · answer #1 · answered by T G 2 · 0⤊ 0⤋

No.

....and you can only claim them as a dependent if they live in the US, Canada or Mexico.

2007-02-01 17:40:51 · answer #2 · answered by Wayne Z 7 · 0⤊ 0⤋

Only if that money enables you to claim them as dependents, not a real likely circumstance.

2007-02-01 21:57:21 · answer #3 · answered by Judy 7 · 0⤊ 1⤋

Well depends on how much and if they are a US resident, to be honest.

2007-02-01 17:48:25 · answer #4 · answered by daven71 4 · 0⤊ 1⤋