Timeline for Transfer large amount of money from one Wells Fargo account to another
Current License: CC BY-SA 3.0
11 events
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Sep 24, 2015 at 10:28 | history | edited | Dheer |
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Jun 1, 2013 at 20:28 | vote | accept | wwwuser | ||
May 27, 2013 at 15:10 | history | tweeted | twitter.com/#!/StackFinance/status/339035909439774720 | ||
May 23, 2013 at 20:14 | comment | added | JTP - Apologise to Monica♦ | $14K gift tax exclusion in 2013. ($11,000 in 2002-2005, $12,000 in 2006-2008, $13,000 in 2009-2012 and $14,000 on or after January 1, 2013) Never $13.5K. | |
May 23, 2013 at 20:04 | answer | added | mhoran_psprep | timeline score: 8 | |
May 23, 2013 at 19:19 | comment | added | littleadv | If she's your wife and not fiance, then there's no gift tax issues on transfers between you two, by the way. | |
May 23, 2013 at 19:18 | comment | added | littleadv | the threshold for gift tax is $13500 a year. You can use the lifetime exclusion, as mentioned, but it comes on the account of the estate tax/later gifts. | |
May 23, 2013 at 18:59 | comment | added | wwwuser | If I were to transfer $1,500 a day online till I hit the $20K monthly limit, would I still be required to pay gift tax? | |
May 23, 2013 at 18:19 | comment | added | littleadv | BTW: $20K will require paying gift tax | |
May 23, 2013 at 18:19 | comment | added | littleadv | What's wrong with checks? | |
May 23, 2013 at 18:10 | history | asked | wwwuser | CC BY-SA 3.0 |