The National Directory of Certified Public Accountants

Ask A CPA - Foreign Earnings

How Much Money Can I Take Out Of The U.S. ?

There is no limit, and it is not illegal to take out or bring in any amount of money or monetary instruments from or to the United States. Examples of monetary instruments include U.S. or foreign coins in current circulation, traveler's checks, currency, money orders and negotiable instruments or investment securities in bearer form. However, if you take out or bring in more than $10,000, you must file IRS Form 4790, the "Report of International Transportation of Currency or Monetary Instruments" with US Customs. Failure to comply can result in criminal, civil forfeiture penalties.

If you need professional help with "Foreign Earnings" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.