Carl
Level 15

Get your taxes done using TurboTax

A gift of $15K or more in a tax year from any one person to another person that the giver is not married to is reportable to the IRS on IRS Form 709. Period. End of Story.

So long as the gift does not exceed a lifetime total of $11.2M no taxes will be assessed on the gift. However, the requirement to report it to the IRS still stands.