<prompt> Human: Ive been reading articles abut Samuel Forrest and his situation. The article says that people have donated over 210,000, but as of now the GoFundMe page has about 475,000 in donations.Is this money considered part of your regular income? Do you have to pay taxes on it? Is it similar to if he had won the lottery? I know he lives in Europe, but lets say for the sake of the question that he lives in America. What would happen?  <response>: In U.S. if you get gifts you dont pay taxes on them. Its not taxable income. Lottery winnings are different. They are taxable.If the gift is from foreign sources, an informational form 3520 is filled out. If domestic, no reporting or taxes need to be worried about by the recipient. 