$800 vs $10K – US Customs tax
$800 vs $10K – US Customs tax I’ve bought luxury goods overseas that total around $5K, and will be heading back to the states in 2 days. Many people are saying you can possibly be taxed on anything that is over an $800 tax free amount, however, on the Declaration page, it only asks if you are bringing $10K worth of money or goods. What is the $800 limit about and how does th…