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When you get a gift you do not need to do anything on your taxes.
If a person gives a gift of over $15,000 a year (in 2018) then they would file a gift tax return.
You however do not need to do anything.
When you get a gift you do not need to do anything on your taxes.
If a person gives a gift of over $15,000 a year (in 2018) then they would file a gift tax return.
You however do not need to do anything.
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