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Get your taxes done using TurboTax
Thanks DoninGA!
You wrote "You do not report gift received on a tax return, regardless of the amount received - IRS Form 709". So if I understand correctly, this form (if she had to file one) does not have to be sent at the time of her filing her US taxes. So, when does she send it to IRS? Anytime during the calendar year if the amount exceeds $15,000? And it's completely unrelated to me using TurboTax to filing taxes by April 15th.
Please let me know. Thanks in advance!
Regards,
JS
‎October 7, 2020
4:39 PM