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To: Pepper's_Paw

You may give anyone any amount without tax consequences up to the amount that you do not have to pay death taxes on. This year it is 1 million; however, you have to report that amount on your income tax return as information only. BUT, you may owe state taxes on that money.

8 posted on 07/07/2002 10:40:14 AM PDT by Pepper's_Paw

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To: Pepper's_Paw

Go to the IRS website and look up IRS Form 709

11 posted on 07/07/2002 10:42:42 AM PDT by Pepper's_Paw

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