IRS definition of a gift:
You make a gift if you give property (including money), or the use of or income from property, without expecting to receive something of at least equal value in return.
https://www.irs.gov/businesses/small-businesses-self-employed/gift-tax#:~:text=You%20make%20a%20gift....
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
