Last year I was gifted $12k from my father. I was under the impression that gifts of this amount were "no strings attached" in the sense that I wouldn't have to fill out any paperwork.
Come this year his company has sent me a 1099. I was under the impression he was gifting me personally and not through his company. I can see that the gift tax is $15k, but it seems that is individual to individual. I feel like something is wrong here and I clearly don't understand it. What do I do?
Submitted February 01, 2019 at 10:13AM by typicalelephant4 http://bit.ly/2UBbj2u
