To: elk; wisconsinconservative; Tax-chick; LadyShallott; DUDLEY; GatorGirl; PersonalLiberties; ...
FREEPER IN TROUBLE ALERT!
If you can't help out financially, send up some prayers.
There seems to be a few questions about these kinds of financial gifts being non-taxable, Tax-chick. Any advice?
931 posted on
11/16/2004 7:47:34 AM PST by
grellis
("If ketchup tasted like chocolate sprinkles, would you put it on ice cream?"--Shryke)
To: grellis
In general, small gifts are not taxable to the recipient, nor deductible by the donor. Consult a more up-to-date tax professional for comprehensive advice :-) ... I think DUDLEY is one.
934 posted on
11/16/2004 7:50:24 AM PST by
Tax-chick
(The whole world has gone crazy. Their beebers are stuned and there's no turning back.)
To: grellis
Thank you for the ping. HAGD!
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