#IRS #tax

Gifts from anyone in any amount is NOT reported on an INCOME tax return since you did not EARN it.

https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-am-a-f1-student-on-my-opt-my-parents-will-transfer-money-from-outside-the-us-to-pay-for-my-brother/00/1719679

@Acer This is not always true in the US.

@ech

>"This is not always true in the US."

Yes, sometimes it looks like a gift but it's actually a bribe in which case the person who received the gift earned that money by providing laws or public policy or other favors for the one who provided the gift.

(ps - bribes are very bad)

@Acer