Parents are giving me 20k cash, it was all obtained legally and they paid taxes on it etc. I've read all the stuff saying I should just deposit it all at once instead of multiple places/amounts, I assume that's correct? Will I have to report it as income too or? The money is just going to be used to pay a bit of debt and as a downpayment on a house. Located in Ohio.
Edit: I am married, so are they, also (oncer)
Submitted March 25, 2019 at 08:18AM by giftedahousekinda https://ift.tt/2JCnXNZ
