>> How many people are getting that much in gifts The giver of the gift should f... | Hacker News

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		EVa5I7bHFq9mnYK 7 months ago \| parent \| context \| favorite \| on: Three Felonies a Day (2013) >> 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 7 months 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

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