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To: MichCapCon

Wouldn’t you be able to say that the ticket was a ‘collective purchase’ and be able to avoid the gift tax?


7 posted on 01/28/2016 12:02:55 PM PST by chopperman
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To: chopperman

Only if you claimed as much when claiming the prize. Then all your relatives would be on the hook for their share of the taxes.

Cash a big check and buy a suitcase.


18 posted on 01/28/2016 12:24:52 PM PST by AFreeBird
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