<prompt> Human: Hello,Long story short, my dad wrote me a check in the amount of 7k. Will there be any tax implications for this? It is essentially a gift, since there was no transactionsale of any kind.Also, kind of a N00B question, but how should I cash this? Go to the bank? I have Chase checking and they have mobile deposit limits of 2k, so I think that is out of the question. Will any of the funds be placed on hold? I would like to avoid that if at all possible.Appreciate the help,Jesse Pinkman  <response>: Absolutely no tax implications at all. Just go to your bank and cash it or deposit it. Some funds may very well be placed on hold. If you go to your dads bank the bank from which the check was written, you may be able to get cash without a hold. 