|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Financial Planning / Tax Strategies |
||
|
URL:
https://boards.fool.com/gift-tax-30725826.aspx
|
||
| Subject: gift tax | Date: 6/9/2013 1:43 PM | |
| Author: RBMunkin | Number: 118662 of 132207 | |
|
Hi, Is there a way for a mother to give one of her sons $30K in one year without paying gift tax? From my Googling I see that $14K is exempt. But she would have to pay gift tax on the remaining $16K, right? Or is there a legitimate way to avoid that? The tax code is so complicated with so many nuances that I thought I would ask here just in case. Thanks, RB |
||
| Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||