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

Posted on 2/8/16 at 2:51 pm to
Posted by lsupride87
Member since Dec 2007
96699 posts
Posted on 2/8/16 at 2:51 pm to
quote:

PLEASE, PLEASE, PLEASE tell me you aren't a CPA
I am. And the donee isnt paying the tax. Post the code again, and I will again tell you the IRS is not going to ever make the donee pay the tax. Then you can post the code again. And I will once again tell you the IRS isnt going to shift the burden to the donee. We can go all day. Im off
This post was edited on 2/8/16 at 2:52 pm
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