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URL:
https://boards.fool.com/i-know-you-can-give-13000-per-year-to-someone-30126711.aspx
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| Subject: Re: Gift | Date: 7/1/2012 4:08 PM | |
| Author: TMFPMarti | Number: 116378 of 132093 | |
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I know you can give $13,000 per year to someone tax free, but will the recipient needs to pay the income tax on it? Gifts, regardless of amount or donor, are always income tax-free. See Pub 525. Phil Rule Your Retirement Home Fool |
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