Timeline for Gifts under the annual gift tax exemption FROM minor children?
Current License: CC BY-SA 3.0
5 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Sep 19, 2014 at 21:08 | history | tweeted | twitter.com/#!/StackFinance/status/513072218935263233 | ||
| Sep 19, 2014 at 19:00 | vote | accept | cjp | ||
| Sep 15, 2014 at 1:08 | answer | added | littleadv | timeline score: 5 | |
| Sep 15, 2014 at 1:07 | comment | added | Dilip Sarwate | Don't do this. If you gift $14K to your minor child, it needs to go into a UGMA or UTMA account. If the minor child already has $14K in an UGMA/UTMA account of which you are the custodian, don't take this money out and gift it to R. That could be construed as a breach of fiduciary duty. | |
| Sep 14, 2014 at 23:56 | history | asked | cjp | CC BY-SA 3.0 |