
Anonymous
Not applicable
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Deductions & credits
a gift is not taxable. there is no good way to report a gift on the 1040. the fact that no 1099 was sent to you should mean that the IRS knows nothing about the transaction. by trying to report this, you may create problems rather than solving a problem that doesn't exist. should you be audited for other reasons and the IRS asks about it, get a letter from the donor.
‎June 13, 2020
4:46 PM