GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Tax question, how does a $10,000 gift exemption work?

BitAudioVideo · 12-26-2006, 10:33 PM

you can get a cash gift and not report it.

giving a gift is a bit different... i think its up to 12k in 2006 that you can give non taxable per person. a spouse, political group, etc can be more than 12k

go to irs.gov and search 'gift tax'

12-26-2006, 10:33 PM
BitAudioVideo Confirmed User Join Date: Jul 2005 Location: USA, Georgia Posts: 1,246	you can get a cash gift and not report it. giving a gift is a bit different... i think its up to 12k in 2006 that you can give non taxable per person. a spouse, political group, etc can be more than 12k go to irs.gov and search 'gift tax' __________________ Hi-Quality Encoding - Bulk Orders - On Time! http://bitaudiovideo.com icq 50476697 - aim n3r0xXx