If you receive a gift of 30000 dollars from my dad for a down payment on a house do I have to pay taxes on it?

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1211601

2026-05-15 20:45

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Gift tax is anything over $12,000. However, if you are married (living together, whatever), you can each receive $12,000 without tax. Actually, the one giving the gift is liable for the tax on it.

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