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Given the question, the my opinion is that the question is the rethoricial: how much wood can a wood chuck chuck? To adjust the question: 1) how much money can an indivual person give another individual without being required to pay gift taxes, or file a gift tax return? 2) How much money does a parent have to give a child? And then, all, is good idea, on the otherhand, none workes in most states. On the other hand, if the question merely deals with annual tax free gifts: on $10,000, without the filing of a gift tax return, nothing. Obviously, it deals with your situation, if you got that much money to worry about taxes, and such, why dont you just get a tax planner or an estate planner? Or seriously spend some time on the web asking lots of quetions, and understanding that paying for advice is cheep when you need it. Nothing personal, but from the quetion, you appear to me to be seriously penny wise and pound cheep. (I'll be back with links later)
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∙ 16y ago
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How much money can a child give to a parent?
As much as they want.
How much money can a parent give a child tax free year?
$13000 in year 2009
How much money can a parent give to a child if the parent is past 80 and possibly going to nursing home in the future?
There is no limit on the amount of money that your parent can give you. You want to do this before they go to the nursing home because the home will take all of their money.
How much money can a parent give a child tax-free each year?
$13000 in year 2009
Legally how much money can a parent give a child?
They can give them as much as they wish. The tax consequences are the real issue, so discuss with a tax attorney on how to minimize the tax liability.
How much is a foster parent supposed to pay the child to go shopping?
as much as you like to give them there is no rule
Who is to blame for childhood obesity?
The child and the parent. the child: for eating too much the parent: for feeding the child too much
How much does child support increase if non custodial parent comes into a large sum of money?
The state sets the rates for child support. If he has paid up and is not in arrears, then the money is his to spend.
How much can a parent give to a child?
As much as they want.
Why does you dad give you to much food?
Because every parent want their child to grow healthy, but unless your dad hates you.
If a non-custodial parent remarries and has another child will the North Carolina child support decrease?
In Delaware it depends on how much money the non-custodial parent makes. If they are still making the same amount as before, after they have the child, then often, yes, it is reduced because the person has more children to care for with the same amount of money. If they are making good money though, it will usually stay the same.
How much money can a child give a parent tax-free each year?
The IRS allows tax free gifts to family members. Up to $14,000 may be given to family members each year. Married people can give up to $28,000 per year.
