Note: Iâ™m a US citizen.
no.
you pay income tax on money you get a w2 form on.
if you're in business for yourself, there is another mechanism that i've never had to deal with.
but you don't pay tax on money in the bank.
if it's a lot of money, the bank probably has to report it to the irs, or someone.
and you may get asked about it.
what you didn't say was how you acquired that money in your homeland.
if you worked there and earned it, that would be different.
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