What is the name of your state? CA
My daughter has a joint account with her husband. If I wire $24000 to that joint account,
is the 24K excluded from gift tax? If not, would the 24K be excluded if two wire transfers
of 12K each are made to the joint account? Or must they open up two separate individual accounts in order that I get the exclusion?
My daughter has a joint account with her husband. If I wire $24000 to that joint account,
is the 24K excluded from gift tax? If not, would the 24K be excluded if two wire transfers
of 12K each are made to the joint account? Or must they open up two separate individual accounts in order that I get the exclusion?