3335873
You'll need to sign in or create an account to connect with an expert.
Gifts aren't taxable income and do not get entered on a tax return.
No. That was a gift and gifts received are not reported on a tax return.
If this is a gift then it's not taxable.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
mccurma
New Member
pizzagirl34
New Member
Dally P
New Member
5VUWildcats
Returning Member
mjacolby10
New Member