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re: Compensation hypothetical

Posted on 10/5/17 at 6:27 am to
Posted by Weagle25
THE Football State.
Member since Oct 2011
46212 posts
Posted on 10/5/17 at 6:27 am to
quote:

My understanding is that you can give up to $14k in "tax free" gifts to an individual in a calendar year.

It is not a gift though if they do work in return for the cash
This post was edited on 10/5/17 at 6:33 am
Posted by Jag_Warrior
Virginia
Member since May 2015
4126 posts
Posted on 10/5/17 at 12:57 pm to
quote:

It is not a gift though if they do work in return for the cash


He's asking the question with a wink and a nod.
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