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My husband received money from his father, it was his education fund that his grandfather had opened for him and he never used. What would I file that under?
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My husband received money from his father, it was his education fund that his grandfather had opened for him and he never used. What would I file that under?
From your description, this money qualifies as a gift from your father-in-law to your husband.You don't need to report gifts on your tax return.
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