Solved
A gift from overseas, how do I report it?
No text available
You will need to be more specific. In general, gifts you receive are not reported on a tax return. Gifts are not taxable. But is your aunt giving you a very large amount of money? Depending on how much your aunt gives you, you might need to file a form 3520 for the gift from a person from a foreign country.
If the gift is over $100K you must file a 3520 form, which is not supported by TurboTax. That form has to be filed separately from your income tax return.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint 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.
Accessibility
