No. Gifts that you receive are not taxable and you do not enter them on your tax return. Mom needs to file a 709 gift tax form, though, since the gift is more than $14,000. She will not owe tax, but is required to file the form with the IRS.
Turbo Tax does not support the gift tax form 709, but here is a link:
https://www.irs.gov/pub/irs-pdf/f709.pdf
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
