Depending on how your brother received that sum of money, there is something called a gift tax. I think you can send an individual around 19k without having to pay the IRS. This is why wealthy people setup trust accounts. I just wanted you to be aware..

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and then the IRS comes.

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IRS is using AI now.

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reminder if you are operating an illegal business: **report your taxes to the irs** otherwise they will track you down

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Sold all my holdings at an enormous lost and now I am going to wait a few weeks until Santa rally ends to buy the top again. The IRS is my bitch.

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Your capital gain by IRS.

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IRS enters the chat...

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Irs hates this simple trick

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I spend most of my time gambling and in this subreddit. Do you really think I can focus on something for 49 seconds? Next time, please, **with the last 4 seconds is enough.** The IRS and your accountant will review all your trades. Not me. Have a good day, sir!

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I was told that unless I jump through the hoops of getting a US TIN (tax id number), then I basically just surrender the funds to the IRS.

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