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Jan 15, 2019
4:22
:43
pm
riboflavin
All-American
i think he's talking paying tax on a yearly gift.
to spend down his estate i'm guessing.
This message has been modified
Originally posted on Jan 15, 2019 at 4:22:43pm
Message modified by riboflavin on Jan 15, 2019 at 4:33:02pm
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riboflavin
Previous username
the_format
Bio page
riboflavin
Joined
Oct 5, 2006
Last login
Apr 23, 2024
Total posts
79,647 (48,512 FO)
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Messages
Author
Time
Here is your unethical life pro tip for the day: Need to give/get a large some of money and don't want it to be taxed?
scootsy
First name: Tom; Last: Foolery
1/15/19 3:52pm
This illustrates why 70% tax doesn't work.
rcbyufan
1/15/19 3:55pm
Then you get to give 3/4 of it to a lawyer?
foofcoug
1/15/19 3:56pm
Be your own lawyer.
Sandy Lyle
1/15/19 3:58pm
I respect myself too much to do that.
foofcoug
1/15/19 3:59pm
So fraud. Never thought of that
Baron
1/15/19 3:59pm
he said it was unethical right in the subject. sheesh.
riboflavin
1/15/19 4:10pm
why not give multiple $14,500 gifts?
byuguns55
1/15/19 4:04pm
<< Deleted >>
Buffalo
1/15/19 4:08pm
Where is the fun in that?
zonacougar
1/15/19 4:16pm
what would the time frame for gifts have to be? calendar year?
claw
1/15/19 4:42pm
Yes. A husband and wife can combine gifts as well. If you're gifting to
BYUMizzou
1/15/19 8:40pm
If you are worried about the gift tax just hire an accountant because
kimdaddy35
1/15/19 4:13pm
i think he's talking paying tax on a yearly gift.
riboflavin
1/15/19 4:22pm
You can give up to $15k per year before it counts against that
kimdaddy35
1/15/19 5:01pm
that 15k is what he's talking about. money in excess of 15k that is.
riboflavin
1/15/19 5:15pm
I understand, I guess I just don't understand why he is worried about
kimdaddy35
1/16/19 11:38am
Although this is also fraud, I like this idea better:
Jeremy
1/15/19 4:44pm
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