Timeline for Do banks accept a large gift to me as a valid down payment for a house?
Current License: CC BY-SA 3.0
8 events
| when toggle format | what | by | license | comment | |
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| Jul 30, 2012 at 7:09 | vote | accept | MrChrister | ||
| Jul 28, 2012 at 19:10 | comment | added | Dilip Sarwate | @warren Perhaps you would be kind enough to reveal the year of the gift and the state which required you, the recepient of the gift, to file a gift tax return? Many states mimic Federal rules when it comes to gift taxes and require gift tax returns to be filed by the donor but not by the recipient, of a gift. | |
| Jul 28, 2012 at 6:08 | comment | added | warren | that is a change from the last time I received a gift (which might be a state issue and not a federal one) | |
| Jul 28, 2012 at 2:50 | comment | added | Dilip Sarwate | @Warren Please do not make changes to my answer without understanding the situation fully. The donor of a gift is the person who might need to file a gift tax return: the recipient does not file a gift tax return and does not pay any kind of tax (not even income tax) on the gift amount either. | |
| Jul 28, 2012 at 2:46 | history | edited | Dilip Sarwate | CC BY-SA 3.0 |
Fixed Warren's erroneous editing
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| S Jul 27, 2012 at 19:01 | history | suggested | warren | CC BY-SA 3.0 |
formatting / readability
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| Jul 27, 2012 at 18:58 | review | Suggested edits | |||
| S Jul 27, 2012 at 19:01 | |||||
| Jul 26, 2012 at 22:09 | history | answered | Dilip Sarwate | CC BY-SA 3.0 |