I'm going to be transferring money from Korea to my US bank account soon and I'm wondering what the best way is. I know that if you transfer over 10,000 US Dollars there is IRS involvement. If I am planning to transfer more than this, will the US be taxing me on this amount? Is there any good way to transfer a large amount of money without paying taxes? I know im supposed to be tax free in Korea, and I'm hoping that means I dont have to pay taxes on the money I saved in Korea when I go to transfer it back in the US. If anyone knows info about this, please let me know.
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