ontrack2win
Junior Member
What is the name of your state (only U.S. law)? Hawaii
I read the satute on the IRS.gov website that states that you can send or receive a cash gift up to $13,000 from any individual in a calendar year without being subject to a Gift Tax. There are many 'Cash Gifting Activities' online. Can they be legitimate and under what circumstances? Is there anything else I need to be aware of concerning what the IRS statute says?
I read the satute on the IRS.gov website that states that you can send or receive a cash gift up to $13,000 from any individual in a calendar year without being subject to a Gift Tax. There are many 'Cash Gifting Activities' online. Can they be legitimate and under what circumstances? Is there anything else I need to be aware of concerning what the IRS statute says?
