If you are single (or married filing separately) and total value of assets was more than $50,000 on the last day of the tax year, or more than $75,000 at any time during the year, of if you are married filing jointly, and the total value of assets was more than $100,000 on the last day of the tax year, or more than $150,000 at any time during the year. then you must file Form 8935 as part of your tax return. If this doesn't apply to you, then there is nothing you have to report to the IRS. I recommend you get a letter from your mother documenting that she gifted you the money. You should retain that letter with your tax records.
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