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I have a family member who has told me they are going to send me $20k as a gift. They are planning to send it to my Chase account through Zelle. I would ideally like to move it to my investment account ASAP. My questions are what are the tax implications of this, and is it going to raise any red flags receiving this much money in this manner, and also moving it immediately to another account?



Submitted September 21, 2020 at 05:22PM by Oceanic295 https://ift.tt/3kDBwKM

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