Gift of 130 thousand given by parent
I had recently received a inheritance gift of two checks - one for 30 thousand and one for 99 thousand dollars.
Will I be taxed on it if I deposit it in the bank.
I want to invest it quickly but want to put it in the bank for a short time.
Please advise, thank you
Last edited by elangeveld : 12-28-2016 at 01:55 PM.