vikramr2k
New Member

Cash gift recieved from foreign person. Money wired into a joint acct owned by Spouse+me.

I received a cash gift from abroad into a joint account above the threshold amount. The money came into a joint account owned by me and my spouse. The details on the sender bank side clearly specify the gift is to me. But on the US bank side, the description does not mention who the gift is for. The gift was sent to me and so I understand that I should report the full amount on my 3520.  Since this is a joint account, will IRS have any questions as to why I did not file 3520 for my spouse.