Escrow Wiring MoneyHi,This may seem like a strange situation. My relative is wiring me money from a foreign country which can be up to 100k without having to fill out an IRS form. It will be 80k that I will get. With that 80k I plan on wiring that money to an escrow account set u by an attorney to help my sister close on a house. Is that taxable? Are there any repercussions? Is that 80k now considered a gift to my sister and since its over 14k, does that mean I pay taxes?November 27 2013 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.