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re: Married folks: bank accounts and bill paying question
Posted on 11/12/13 at 7:03 pm to tiddlesmcdiddles
Posted on 11/12/13 at 7:03 pm to tiddlesmcdiddles
quote:
is it true that money can be gifted to a couple in addition to individually? her:13K/yr me:13K/yr us:13K/yr if I'm wrong, stop me now,
Stop
1
Posted on 11/12/13 at 7:10 pm to Breadcrumbs
I think its $14,000 per year per person and not couple, but check with poodle or a CPA. Your mom and dad (for ex) can each gift you that amount yearly without gift taxes, and they each can do so for your spouse.
A couple as an entity probably can't be gifted to in addition to individuals.
I have no idea how FDIC insurance works but it's probably coverage for each single name account and then joint account like you are indicating but check with poodle or your friendly CPA. That might be what you are talking about rather than gifting
A couple as an entity probably can't be gifted to in addition to individuals.
I have no idea how FDIC insurance works but it's probably coverage for each single name account and then joint account like you are indicating but check with poodle or your friendly CPA. That might be what you are talking about rather than gifting
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