https://ttlc.intuit.com/community/taxes/discussion/gifts/01/1716573#M610070 <P>My brother send me money 100000 as a gift do I have to pay taxes from overseas</P> Fri, 04 Sep 2020 15:05:34 GMT Marsmax99 2020-09-04T15:05:34Z https://ttlc.intuit.com/community/taxes/discussion/gifts/01/1716573#M610070 <P>My brother send me money 100000 as a gift do I have to pay taxes from overseas</P> Fri, 04 Sep 2020 15:05:34 GMT https://ttlc.intuit.com/community/taxes/discussion/gifts/01/1716573#M610070 Marsmax99 2020-09-04T15:05:34Z https://ttlc.intuit.com/community/taxes/discussion/re-gifts/01/1716578#M610071 <P>Gifts received from an individual are not reported on a tax return.</P> <P>&nbsp;</P> <P>If the gift is from a foreign individual and the amount of the gift is greater than $100,000 the gift has to be reported to the IRS or Form 3520.&nbsp; There are no gift taxes owed on the gift received but must be reported to the IRS.</P> Fri, 04 Sep 2020 15:09:58 GMT https://ttlc.intuit.com/community/taxes/discussion/re-gifts/01/1716578#M610071 DoninGA 2020-09-04T15:09:58Z