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re: Best Approach to Accepting Large Cash Gift? What should I do with it?

Posted on 2/8/16 at 2:09 pm to
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42555 posts
Posted on 2/8/16 at 2:09 pm to
So the donee is never forced to pay the tax? How much would you like to wager?
Posted by lsupride87
Member since Dec 2007
95938 posts
Posted on 2/8/16 at 2:11 pm to
quote:

So the donee is never forced to pay the tax? How much would you like to wager?
Nice crawfish The donor is the responsible party 100%. They can make arrangements for the donee to take the tax though yes. But 100% the code is clear, the tax is on the donor. You failed. Admit it like a man
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