topic Gift Tax we were given a financial gift. Do we pay taxes on it? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/gift-tax-we-were-given-a-financial-gift-do-we-pay-taxes-on-it/01/316237#M132796 We were given a financial gift it was several thousand dollars do we need to pay tax on it and if so where do we list it? Mon, 03 Jun 2019 18:58:31 GMT sk8ladyb 2019-06-03T18:58:31Z Gift Tax we were given a financial gift. Do we pay taxes on it? https://ttlc.intuit.com/community/taxes/discussion/gift-tax-we-were-given-a-financial-gift-do-we-pay-taxes-on-it/01/316237#M132796 We were given a financial gift it was several thousand dollars do we need to pay tax on it and if so where do we list it? Mon, 03 Jun 2019 18:58:31 GMT https://ttlc.intuit.com/community/taxes/discussion/gift-tax-we-were-given-a-financial-gift-do-we-pay-taxes-on-it/01/316237#M132796 sk8ladyb 2019-06-03T18:58:31Z Gifts are not taxable to the recipient, and are not deduc... https://ttlc.intuit.com/community/taxes/discussion/gifts-are-not-taxable-to-the-recipient-and-are-not-deduc/01/316244#M132800 <P>Gifts are not taxable to the recipient, and are not deductible to the person that gifted it.<BR /></P> Mon, 03 Jun 2019 18:58:32 GMT https://ttlc.intuit.com/community/taxes/discussion/gifts-are-not-taxable-to-the-recipient-and-are-not-deduc/01/316244#M132800 Lisa995 2019-06-03T18:58:32Z