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Get your taxes done using TurboTax
You would only have to file Form 3520 if you received more than $100,000 from your mother.
See https://www.irs.gov/instructions/i3520#idm140547364644208
The gift would not be reported (and of course not taxable) on your individual income tax return (Form 1040).
‎September 30, 2021
9:09 AM
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