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To: 1Old Pro

https://www.nerdwallet.com/article/taxes/gift-tax-rate

There are rules and forms for gifts.

21 posted on 12/14/2023 7:39:17 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)

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To: PeterPrinciple

So the guy gifts Hunter a few million and it costs him ONLY 18k in taxes, not bad. Talk about easy money laundering.

The 2024 gift tax limit is $18,000.

23 posted on 12/14/2023 7:44:19 AM PST by 1Old Pro

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