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Education
A gift received from an individual is not taxable nor is it reported on a tax return.
If the gift is from a foreign individual and the amount is over $100,000 then the gift has to be reported to the IRS using Form 3520. This is an information form only - https://www.irs.gov/forms-pubs/about-form-3520
‎June 18, 2019
9:10 AM