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Author: craigbw Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121434  
Subject: Stock as a gift Date: 9/1/1997 1:55 PM
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Hello,

I understand that I can give a gift of appreciated stock
to someone with a lower tax rate and the gain on the
stock will be taxed at the receiver's lower rate. Assuming
that this is correct, I have a couple of questions:

- To get the long term capital gain, does the receiver have
to hold the stock for 18 months even though I have
already held it for more than 18 months?
- If the person gives me any gifts during the year that I
have given the stock, will that gift in any way jeapordize
the tax advantage of the stock which I gave to begin
with? (I asked a similar question before but this one
puts the question in context -- specifically, I want to
give stock to my mother who is in a much lower tax
bracket. I am trying to ensure that any gifts she gives
to me during the same year do not have tax ramifications.)

Thank you,

Craig
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