To: DesertRhino
isn’t that gifts below a certain amount (like $10k) aren’t taxable?
and is that total or cumulative to the recipient?
22 posted on
04/03/2015 7:38:29 AM PDT by
sten
(fighting tyranny never goes out of style)
To: sten
I think the gift tax limit is around $14K today. I don't know how the IRS treats these gofundme donations. I don't know if they are treated as individuals giving (which would be a limit of $14K) or as one large donation. It would be interesting to find out.
To: sten
30 posted on
04/03/2015 7:47:55 AM PDT by
DesertRhino
(I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office.)
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