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if I receive a gift of money do I have to declare it to be Taxed
It depends on how much and if it was a gift from a person's death. Typically you don't have to declare it unless an application asks you, but in cases of death, there is an inheritance tax, but it might be canceled if it passes in congress.
by GA Anderson2 years ago
You work hard to build a fortune that you can pass on to your kids, or otherwise distribute however you desire on your passing. It is your money. Shouldn't you be able to do whatever you want with it, within our legal...
by scoop5 years ago
Is health insurance tax deductible?
by Jtdfree5 years ago
The IRA / 401K / 403b scam of course!! Corporate America and politicians in the pocket of Corporate America stole the reasonable, comfortable retirement pensions that many enjoyed and replaced it with "the...
by StayPos9 months ago
If you received an unexpected inheritance of one million dollars what would you with the money?Oh and by the way the taxes have already been paid :-)
by trish10488 years ago
I just received a check for my remaining vacation hours that I accrued during my last employment. It wasn't a large amount that I was owed, however, the Federal government saw fit to take 25% tax out of my...
by floating mind7 years ago
With the holiday season coming up, which would you prefer to receive, a gift or the money? Why?The global economy has had its ups and downs over the past year. This has effected most of us. I was...
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