Timeline for How much taxes should I pay on a $50,000 cash gift?
Current License: CC BY-SA 4.0
6 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Aug 3, 2021 at 19:13 | comment | added | RonJohn | @dave_thompson_085 "jailhouse lawyers" (aka people looking for loopholes) have existed for a lot longer than computer programmers. | |
| Feb 5, 2021 at 5:06 | comment | added | dave_thompson_085 | @jamesqf: "Genuine debt required. A debt must be genuine for you to deduct a loss. A debt is genuine if it arises from a debtor-creditor relationship based on a valid and enforceable obligation to repay a fixed or determinable sum of money." See also xkcd.com/1494 | |
| Feb 4, 2021 at 13:06 | vote | accept | user105240 | ||
| Feb 4, 2021 at 4:26 | comment | added | jamesqf | Of course you could loan him the money. Then when he doesn't pay it back, it might be deductible as a bad debt :-) | |
| Feb 4, 2021 at 3:41 | answer | added | JTP - Apologise to Monica♦ | timeline score: 2 | |
| Feb 4, 2021 at 3:21 | history | asked | user105240 | CC BY-SA 4.0 |