Prior post reply:If you exceed $10,000 in a year, or your sister exceeds $10,000 in a year at the return time, you start to affect estate tazes at your (or your sister's) death.I fairly certain (90%) that if you exceed $10,000 in a year, then you (the person giving the money) will owe gift taxes that year. Same rules apply to her, when she returns the money to you.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra