Individual gift tax free person to person $10,000/year, but

whether their cash comes legally is a seperate issue regardless how you deposit it. Assuming they can always prove the cash from a clean way (such as withdrawl from a bank etc.) make sure you keep a record how two of them gift the money to you and your spouse ($40,000) so you don't need to pay any tax on the gift. -- Check IRS website to see whether they've raised that limit recently otherwise you have to split the rest to the next tax year unless you want to pay gift tax.

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回複:Individual gift tax free person to person $10,000/year, but -oh2007- 給 oh2007 發送悄悄話 (435 bytes) () 06/01/2007 postreply 09:57:47

回複:回複:Individual gift tax free person to person $10,000/year, bu -求MP3- 給 求MP3 發送悄悄話 (134 bytes) () 06/01/2007 postreply 22:15:15

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