Date: Sat, 15 Dec 2001
If I use gift money given to me from family abroad
($80,000) do I have to report this when I file my taxes?
Date: 26 Dec 2001
Money received as a gift from family members is not subject to U.S. income taxes.
However, your family members may be subject to gift taxes.
They should consult with their own tax advisors.
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