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To: Tax-chick

She shouldn’t have to pay taxes under the gift portion which should exempt small gifts.

Someone said it was only one particularly nasty little girl, but it’s a shame no one came to her defense.


67 posted on 06/21/2012 12:01:49 PM PDT by altura
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To: altura

If the donors were sending small amounts directly to her, that wouldn’t be taxable, but they seem to be sending donations to an aggregator, who will give the lady a single large sum. I don’t know what the standard Federal treatment would be for that, and (knowing New York) it’s probably taxable at the state level.


74 posted on 06/21/2012 1:14:41 PM PDT by Tax-chick (Spinach at every meal.)
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