Skip to main content
TurboTax
Community
TurboTax
TurboTax
cptain34
Level 2
Feb 26, 2023 5:12 AM UTC
Question

$14000 gift

My mother in law gifted my wife and I and my 2 kids each $14000 in 2022.  Do I need to claim and what exactly do I need to do?

    2 replies

    rjs
    Level 15
    rjsLevel 15
    Level 15
    Feb 26, 2023 5:20 AM UTC

    You don't have to do anything. Gifts that you receive are not taxable income. You do not report the gifts on your tax return.


    If the gift to any one person had been more than $16,000 (in 2022) your mother-in-law would have to file a gift tax return (Form 709). But since she did not give more than $16,000 to any one person, she doesn't have to do anything either.

     

    cptain34Author
    Level 2
    Feb 26, 2023 10:39 PM UTC

    Thank you!  Appreciate the timely response!

    TurboTax flag icon

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Explore your options
    Terms & ConditionsAccessibility statement
    Sitemap
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2026 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, Credit Karma, and Mailchimp are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    About Cookies Manage cookies

    TRUSTe nResult Certified e-File C-Level Security Certification
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    © 2026 Intuit Canada ULC or its affiliated companies. All rights reserved. Intuit, QuickBooks, QB, TurboTax and ProFile are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

    Copyright © Intuit Canada ULC, 2026. All rights reserved.

    About Cookies Manage cookies

    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    © 2026, Entreprises Intuit Canada ULC ou ses sociétés affiliées. Tous droits réservés. Intuit, QuickBooks, QB, TurboImpôt et ProFile sont des marques déposées d’Intuit Inc. Les modalités, prix, fonctions et options de service et de soutien peuvent changer sans préavis.

    © 2026, Entreprises Intuit Canada ULC. Tous droits réservés.

    À propos des témoins Gérer les témoins