ST Alpha - "whatever they felt like.. I don't *need* money, but it's always nice to get some. how much until you pay taxes as a gift? -- nm" (Reading a Post)

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In response to "ST Poll: If someone here won the big lottery and offered to give you money, how much would you actually ask for?" by oblique

whatever they felt like.. I don't need money, but it's always nice to get some. how much until you pay taxes as a gift? -- nm

Posted by colin (aka colinski) Mar 25 '13, 07:05

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Responses:

13,000 is tax free - anything above that is subject to a gift tax (rate is 40%).. You would be better off creating a corporation and hiring everyone - decline Mar 25, 07:07 1
- (actually, $14,000 for 2013) -- nm - decline Mar 25, 07:15

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