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by bluGill 2220 days ago
In the US gifts are tax free unless someone gives you a large gift. Last I checked it was $10,000, but I believe it is around $18,000 now. Obviously this is large enough that few people care.
1 comments

Gifts are always tax free for the recipient unless both parties fill out some additional paperwork. The annual tax exemption is currently $14k but goes up every couple of years.