- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Cash Gift From Grandma
If I received a Cash Gift from my grandmother for $20,000 in order to help pay off student loans, what is my tax liability? I know the bank is required to report cash deposits of over 10k, and there is no prove this was a cash gift from a family member, I.E. not income.
‎December 28, 2019
11:46 AM