USA Taxs on Gift from non-us citizen to US citizen

[anthony]

I wanted to know how to approach the following scenario:

Non-US citizen (my uncle) wants to give a gift of $150,000 US to me (I'm a US Citizen). He ended up wiring the $150,000 to my mom, a US citizen, in order for her to give it to me .

Can I receive the above from my mom (via personal check) & simply fill out a 3520 form indicating so? Or will my mom need to fillout the 3520, & end up having to use $136k against her lifetime estate excemption? ($150k minus 14K gift tax exemption for US to US citizen = $136K). If the former, does my mom need to do anything on her end when filing taxes?

Long story as to why my uncle didn't wire the $150K directly to me; I already understand that would have been much easier.

Thx

 

[kirby]

Money sent to Mom = gift to mom. Not taxable income to Mom. Mom MUST file 3520 form on time per deadlines. Must!
And if she throws a few bucks your way, then she follows gift tax. Lifetime exclusion on gift tax is over $5.2 MM so don't worry about that (unless you guys are loaded)

 

[The Finance Writer]

Mom must file a gift tax return to use the exclusion kirby mentions.