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Author: thisismogambo Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121572  
Subject: gifting to self: is it legal? Date: 12/18/2001 2:43 PM
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I posted this on the discussion board and it was suggested that I post it here.

Is there something legal about gifting to self? I saw a couple of company employees gifting shares to themselves. What about gifting money to yourself? doesn't this seem like a sleezy way to save tax?

If gifting shares is possible, how do you go about doing this (go to etrade, fill what form etc)? If the gift is less than 10K, is it required to file a gift tax return?

what about gifting money/shares to someone outside the US?


thanks for any answers :)
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