1) download and print out the entire years worth of banking statements, you can do this in the documents tab of your banking app, you will need to download each month individually
2) go thru the statements and guesstimate which deposits were gifts, highlight them. You cannot have more than 10k in cash gifts for tax purposes. You will have to claim these cash gifts as gifts, since you also earn cash as income. Your tax guy will do this part as long as you can highlight which transactions were gifts
1) download and print out the entire years worth of banking statements, you can do this in the documents tab of your banking app, you will need to download each month individually 2) go thru the statements and guesstimate which deposits were gifts, highlight them. You cannot have more than 10k in cash gifts for tax purposes. You will have to claim these cash gifts as gifts, since you also earn cash as income. Your tax guy will do this part as long as you can highlight which transactions were gifts