Yes, if the deposit was for more than $100,000, this needs be reported on form 3520 in part 1V Box 54. Even though you bank account is in both of you name's, the intent is for you to purchase an apartment. This is essentially a gift to you in order to purchase the apt. that was gifted to you by a non-resident alien.
This is not a taxable document but an informational one that is used to track foreign money being deposited into US accounts. Once the form is filled out and signed, send to:
Internal Revenue Service Center
P.O. Box 409101
Ogden, UT 84409
Form 3520
Instructions for 3520
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