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>> How many people are getting that much in gifts The giver of the gift should file form 709 and potentially pay taxes, not the recipient. Recipient pays nothi
by EVa5I7bHFq9mnYK 1y ago
>> How many people are getting that much in gifts
The giver of the gift should file form 709 and potentially pay taxes, not the recipient. Recipient pays nothing.
- gruez 1y ago>The giver of the gift should file form 709 still, you only have to file if you're gifting above $18k https://www.irs.gov/instructions/i709 https://www.irs.gov/instructions/i709