There are a number of things that should be considered before jumping to the conclusion that the gift would be taxed such as whether or not it would be considered a gift from “Grandpa and Grandma” in which case $26,000 would be tax-free. Also, it depends on whether the grandparents have reached their lifetime exclusion limit.
Just because you know how to use google doesn’t mean you know anything about anythings. Go work at H&R block, Geeds.
Psst… the word you’re looking for is “grandfather.”
14 years ago at 3:08 pmI call mine papa.
14 years ago at 5:21 pmjust so long as you aren’t callin him daddy…
14 years ago at 5:52 pmThis post is SOOOOO orginal. It is right next to…
“I have money. TFM”
14 years ago at 3:10 pmThis ORGINAL post goes right next to
“I have money. TFM”
14 years ago at 3:26 pmno he didnt
14 years ago at 3:46 pmThat’s just straight up excessive.
14 years ago at 4:00 pmNo, the highest you can get without it being taxed is $12,000
14 years ago at 4:18 pmNot to be a dick, but its actually $13,000 annually. This post may be the only thing I ever do with my Trust & Estates class.
14 years ago at 5:15 pmit’s $13,000. Brush up on your Estate and Gift Tax law, Geed.
14 years ago at 6:37 pmThere are a number of things that should be considered before jumping to the conclusion that the gift would be taxed such as whether or not it would be considered a gift from “Grandpa and Grandma” in which case $26,000 would be tax-free. Also, it depends on whether the grandparents have reached their lifetime exclusion limit.
Just because you know how to use google doesn’t mean you know anything about anythings. Go work at H&R block, Geeds.
14 years ago at 8:16 pmI was about to say the same thing, because my grandmother gives me 13 a year.
14 years ago at 1:00 pmYour grandfather is irresponsible
14 years ago at 5:16 pmSecond
14 years ago at 12:53 amI usually get 11,500 sent straight to my fidelity account and then $500 to frat tab with.
14 years ago at 5:32 pmThat’s just plain vulgar NF
14 years ago at 5:54 pmYour just trying way to hard. Idk why it’s not like anyone on tfm is going to matter in your
14 years ago at 6:43 pmLife.