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simon5
New Member

Money from girlfriend overseas taxable income?

I'm a US citizen living overseas with my long term girlfriend who is a Swedish citizen. I had no independent income in 2016, but she transfers $1500/month to my US bank account that I use for expenses (joint household expenses, travel, etc). Can anyone suggest if/how I should report this on my taxes? Thanks!
1 Best answer

Accepted Solutions
Marketstar
Level 7

Money from girlfriend overseas taxable income?

Gifts such as the support you receive from your girlfriend are neither deductible for the donor nor ...

Gifts received are not reported on your federal tax return, regardless of the amount received although there is a reporting requirement for certain gifts (generally over $100,000) from foreign persons using Form 3520


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3 Replies
Marketstar
Level 7

Money from girlfriend overseas taxable income?

Gifts such as the support you receive from your girlfriend are neither deductible for the donor nor ...

Gifts received are not reported on your federal tax return, regardless of the amount received although there is a reporting requirement for certain gifts (generally over $100,000) from foreign persons using Form 3520


simon5
New Member

Money from girlfriend overseas taxable income?

Thanks, Vince!
Marketstar
Level 7

Money from girlfriend overseas taxable income?

Your welcome, and thanks for choosing TurboTax!

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