You'll need to sign in or create an account to connect with an expert.
These are taxes you have to pay when you're given a large gift by a relative other than your parent. If you paid these taxes, you can deduct them as long as you include the value of the gift in your taxable income.
These are taxes you have to pay when you're given a large gift by a relative other than your parent. If you paid these taxes, you can deduct them as long as you include the value of the gift in your taxable income.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
riald409
Level 1
PatchyP
New Member
Hithere87
Returning Member
ricetrader
Returning Member
mccarthy934
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.