Good morning

I have a questions for taxes specialists.

I am a H4 Visa and IRS tax payer since 2010.
My daughter lives in another country (not US) but wants to send money to my banking account in US to pay for her expenses in "gestational surrogay agreement" in US (California).
She is going to send me around US$80,000 and then I should send the money in her name to her Escrow in California. This means the money will be in my banking account for a few days and then send in her name to her Escrow.
Like I said she is living and working in another country (she is not a US tax payer)

Could you please inform me :
1- What is the legal (IRS) consequences for me ?
2- Should I report this money in my taxes 2011 ?
3- Should I or her pay taxesn for this money ?

Please give me enlightnment

1) None; such transfers happen all the time with no taxes being assessed.

2) No.

3) No. It is NOT income for you.