cannedtuna@lemmy.world to Microblog Memes@lemmy.worldEnglish · 2 months agoThis hits a little too close to homelemmy.worldimagemessage-square235linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageThis hits a little too close to homelemmy.worldcannedtuna@lemmy.world to Microblog Memes@lemmy.worldEnglish · 2 months agomessage-square235linkfedilink
minus-squarepfried@reddthat.comlinkfedilinkEnglisharrow-up0·edit-22 months agoIn the U.S., the gifter has to pay federal gift tax. If you transfer a million dollar property, it will be taxed at 40%. Federal inheritance tax has an exemption up to $14 million.
In the U.S., the gifter has to pay federal gift tax. If you transfer a million dollar property, it will be taxed at 40%. Federal inheritance tax has an exemption up to $14 million.