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June 1, 2019
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My grandmother gave me money to pay off my student loan.

  • June 1, 2019
  • 1 reply
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Do I have to claim the money my grandmother gave me to pay off my student loan?
Best answer by Celery63
No, that would be considered to be a gift. A gift received is not reportable or taxable.

1 reply

Celery63Answer
June 1, 2019
No, that would be considered to be a gift. A gift received is not reportable or taxable.
September 29, 2022

Is the gift has the limited amount?