Gifting money
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Alfredos
Posts: 1 Newbie
If I am gifted money form my children are there any tax liablities?
0
Comments
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Yes, there are.0
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Tax Forum is here : http://forums.moneysavingexpert.com/forumdisplay.php?f=220
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Get them to give you cash, then no one knows about it.0
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Yes, gifts even for children have tax liabilities and computation are based on tax rules in every states.0
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withdraw in cash and hand it to them. Tax man know nowt.0
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