To: Justa
How is this taxed by IRS? Does fedgov get their cut before distribution?
7 posted on
01/05/2024 12:54:38 AM PST by
antceecee
To: antceecee
Supposedly it’s considered a gift and not taxed but I would not be suprised if Brandon and his 87,000 IRS agents changed that.
9 posted on
01/05/2024 1:11:18 AM PST by
GrandJediMasterYoda
(As long as Hillary Clinton remains free, the USA will never have equal justice under the law)
To: antceecee
Should be hit by the gift tax. So about a third or 280k left. Then state taxes take another %. So maybe he ends up with 220k.
12 posted on
01/05/2024 1:40:00 AM PST by
Justa
(If where you came from is so great then why aren't Floridians moving there?)
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