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No, you will owe not owe any tax on this gift. Under Section 102 of the Internal Revenue Code, gifts are not income and does do not need to be declared as income. And, recipients of gifts are not subject to gift taxes in the U.S. But, since this money is coming from outside the U.S. to you in the U.S. and it is in excess of $100,000, you do need to file Form 3520 with the IRS. This is only a reporting requirement under the Homeland Security Act to track money coming into the U.S.; there will be no tax due.
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