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re: How can I reduce my taxable income?

Posted on 4/16/12 at 8:37 pm to krehn11
Posted by I Love Bama
Alabama
Member since Nov 2007
37764 posts
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Posted on 4/16/12 at 8:37 pm to krehn11
quote:
What?


Am I wrong?
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Posted by krehn11
IA
Member since Jul 2011
1486 posts
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Posted on 4/18/12 at 10:17 am to I Love Bama
quote:
Am I wrong?


Gifting to your kids would not reduce your taxable income. Your kids would never be taxed on those gifts.
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