gift for her 2012 image
Rotorwings
When the US Olympians go to the Olympic village, what gifts do they receive? Besides the Uniforms of course. I heard about the condoms, but what's in their gift bags? Yes, I know, if they are lucky they get a medal.
Answer
A golden teabag
A golden teabag
How does a married couple elect to gift splitting?
Huy T
My parents want to give me $20k, and want to avoid the gift taxI know that they can elect to gift splitting so that they can give anyone up to $28k ($14k each for 2013) a year. Can they just write me a check from their joint bank account? Is it assumed that the gift is splitted between the couple? or do they have to file some kind of paperwork saying they are electing to split gifts for the year before writing me a check?
Thanks!
Answer
Gifts to Donees Other Than Your Spouse instructions for the 709 United States Gift (and Generation-Skipping Transfer) Tax Return 2012 at this time because 2013 will not be available until the end of the 2013 tax year for this purpose and time in your life.
www.irs.gov/instructions/i709/index.html
Hope that you find the above enclosed information useful. 03/16/2013
Gifts to Donees Other Than Your Spouse instructions for the 709 United States Gift (and Generation-Skipping Transfer) Tax Return 2012 at this time because 2013 will not be available until the end of the 2013 tax year for this purpose and time in your life.
www.irs.gov/instructions/i709/index.html
Hope that you find the above enclosed information useful. 03/16/2013
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