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My dad is an Indian citizen and he plans to sell his farm land and send the proceeds to me as a gift. I am a US citizen.

  1. What are the tax implications to my dad since he is selling farming land?

  2. What will be the tax implications to me as a US citizen? I might get approx. $150K

  3. What is the best way to send me the money? Can he send it directly from his account to my account in US?

marked as duplicate by Dheer, JTP - Apologise to Monica united-states Aug 12 at 9:39

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