receipient of gift

[etre_heureuse]

What is the name of your state? MASS

Is it true that gift of money is not considered income, therefore any amount of gift incurs no tax to the recipient. Hence, a person can receive up to 1 million dollars, all at once, as a gift without paying taxes on it?

 

[abezon]

Recipients don't pay taxes. Donors must file gift tax returns when they gift over $11,000 to a recipient in a year. Gifts over $11,000 eat into the $1.5M tax-free estate when the donor dies.