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Get your taxes done using TurboTax
No, the receiver of a gift from another individual is not reported on a tax return.
You have to report the gift given to an individual if the gift given is greater than $15,000 on IRS Form 709. There will not be any gift taxes owed if the total of all your gifts ever given is less than $11.4 million.
IRS Form 709 - https://www.irs.gov/forms-pubs/about-form-709
TurobTax does not support IRS Form 709
‎September 8, 2020
7:46 AM