Community
:
Discussions
:
Taxes
:
Retirement
:
"Do I need to pay taxes if I received a check more than $...
tagteam
Level 15
Mark as New
Bookmark
Subscribe
Subscribe to RSS Feed
Permalink
Print
Report Inappropriate Content
Retirement tax questions
"Do I need to pay taxes if I received a check more than $14000 If the donor doesn't declare the money as a gift?"
It is possible, per Section 6324(b), to have donee liability for any unpaid gift taxes owed and not paid by the donor.
See
https://www.irs.gov/irm/part5/irm_05-005-007.html#d0e1463
May 31, 2019
5:44 PM
