- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Assuming this is a legitimate gift, it is not taxable to you; but can be recorded as nontaxable income in the Sales Tax deduction section.
Your friend must file a Gift Tax Return. Is he/she overseas?
May 31, 2019
6:24 PM