best answer > Is a gift of money considered income 2024?- QuesHub | Better Than Quora
  • Is a gift of money considered income 2024?

    gift gift gift

    Questioner:Declan Johnson 2023-05-08 00:39:42
The most authoritative answer in 2024
  • Levi Martinez——Works at Reddit, Lives in San Francisco, CA

    The most common confusion surrounds who pays the gift tax. It is the person who gives the gift who is subject to the tax and has to report it to the IRS. The gift that you received is not considered income but could have some gift tax liability for the giver. ... The person receiving the gift does not report it.read more >>
    +119962023-05-10 00:39:42

About “gift、gift、gift”,people ask:

READ MORE:

QuesHub is a place where questions meet answers, it is more authentic than Quora, but you still need to discern the answers provided by the respondents.

分享到

取消