Last year I recieved just a couple of hundred dollars short of $100k from my parents (not US citizens - living abroad), and transferred around half of that to my brother (who is a US citizen).
1- Should I report the just-under-$100k gift to IRS?
2 - Should I report the portion of the gift I transferred to my brother (which is over the annual limit)? Techinically, it is money from my parents, but it went through my bank account.
3 - If I should report the gift to my brother, is there a way to include the form 709 in my turbotax return?
