- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Best Approach to Accepting Large Cash Gift? What should I do with it?
Posted on 2/8/16 at 2:21 pm to MMauler
Posted on 2/8/16 at 2:21 pm to MMauler
quote:Correct.
If not, the IRS can find it on an audit of the estate tax return. If the donor isn't worth more than $5.45 million ($10.9 for couples), then they probably will not file an estate tax return and the IRS will never know.
quote:Pretty much never happens
Anything above $14K and the donee is required to file a gift tax return.
I could count on 1 hand how many times I have seen people actually file this
0
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News