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Get your taxes done using TurboTax
A gift received from an individual is not reported on a tax return, regardless of the amount received.
The individual giving the gift does not report the gift given on a tax return. If the gift given is greater than $14,000 to a single individual in a year then the giver of the gift has to report the gift given on an IRS Form 709 United States Gift (and Generation-Skipping Transfer) Tax Return
May 31, 2019
6:30 PM