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Author: trickpony One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74759  
Subject: How much can I gift my child in stock Date: 12/18/1999 12:53 PM
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Hi.
I wanted to set up a custodial account for my son.
I wanted to get started while he is still young...he is
currently 8 weeks old ;-)
I read some stuff on this site that said I should try to keep his unearned income below $650 until he is 14.

My question is, if I gift him stock and never sell it (at least until he is 14) and that stock doesnt give out dividends then will I have any income to worry about?

If not, then is there a limit as to how much I can give?

Finally, the stock I want to give him is from an Employee Stock Purchase Plan where my employer let me buy at 85% of market price. I am assuming that I would have to pay the 15% at the time of selling not gifting.

Thanks
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