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To: Tax-chick

My guess is that she could stick by the $11,000 gift rule from each person and get away with it...Hell, I’d hire Tax Chick to defend my claim and give her half....still come out ahead by golly...


127 posted on 06/22/2012 10:28:09 AM PDT by Gaffer
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To: Gaffer

I never studied such a situation, but since this kind of donation setup has become fairly common, I’m sure there are specialists who can set it up tax-exempt, at least for Federal tax.


129 posted on 06/22/2012 4:16:55 PM PDT by Tax-chick (Spinach at every meal.)
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