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ncc1963
New Member
posted Oct 30, 2019 5:59:41 AM
My parents plan to give me a gift of money (fairly large amount) they sold their home and want to help me out. Do I have to claim this money my income taxes?
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1 Replies
Delphision
New Member
Oct 30, 2019 5:59:42 AM
Gifts are generally not taxable.
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