If one can prove that the cash came from a legal source, can he/she bring it in, or should one wire money? Thanks for answers.
2007-11-05 05:23:50 · 4 answers · asked by freedom06 1 in Politics & Government ➔ Law & Ethics
If you bring more than $10,000 USD in monetary instruments (cash, checks, coins, etc.) into or out of the United States, you have to file a Customs Form 4790.
Failure to do so may result in civil and criminal penalties and/or seizure.
2007-11-05 05:43:04 · answer #1 · answered by Anonymous · 2⤊ 0⤋
you have to declare the cash on the Customs form when you enter. What happens after that, I have no idea.
wiring the funds sure seems easier.
2007-11-05 13:32:37 · answer #2 · answered by Spock (rhp) 7 · 0⤊ 2⤋
You have to declare it. But its better to wire it, its much safer this way, you do not have to worry about being mugged.
2007-11-05 13:28:03 · answer #3 · answered by sahel578 5 · 0⤊ 1⤋
You can bring over 10,000 without paying tax on it. Otherwise it must be declared and taxes will be assessed.
2007-11-05 13:27:23 · answer #4 · answered by MEL T 7 · 1⤊ 3⤋