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What else can I help you with?
If a person purchases a car for you as a gift how do you keep the gift if the person dies?
If the person who died didnt put the title in your name, (in which case it wasn't a gift to you, but just them allowing you to use their car) the car becomes part of the decedents estate.
When giving a car as a gift does the receiver have to pay taxes in Ky?
The receiver of a qualified gift does NOT have pay any federal income tax on the value of the car as a gift. BUT the receiver will have to pay some taxes to the DMV when the car is registered in the new owner name in the state and to get the new license plates, etc.
When does a cash gift become income?
When it really isn't a gift. There is a myth out there that by giving a taxable payment a creative name, it can be treated as a gift. For example, if an employer gives his staff a check as a "token of his affection" for meeting their sales goals, it is still not a gift. Or if a neighbor gives you a thank-you $20 bill everytime you mow his lawn, it is still not a gift. I suppose a gift from illegal activities might be taxable. For example, if a bank robber gives a bank teller a gift for not identifying him in a line up, that might be taxable. Or an embezzler splits his loot with the people who fed him inside information, that might be taxable.
What is an accepting house?
An accepting house is an institution specializing in the acceptance and guarantee of bills of exchange.
What is the difference between an estate tax and a gift tax?
Estate taxes are the taxes imposed on a decedents estate, whether state, federal or both) to remove the property out of the decedents name and placed into a living beneficiary's name. A gift tax is a tax on any gifted amount over the maximum lifetime gifts made by an individual from their estate to another party. This gift tax is paid by the individual giving the gift, not the person receiving the gift. The federal amount per person for a gift changes and you must keep note of this, however this gifted amount can be given each year to any number of people with no gift tax so long as it is under the maximum life amount for gifting under the uniform gifting code.
What is a good name for a gift store?
"God Gift" gift house
What is the presidents daughters name in Corey in the house?
SOPHIE.
What is the meaning of jenessa?
My daughters name is Jenessa and the book I got it out of said it means A Gracious gift of god.
Should you put your home in your daughters name?
If it is your intent to gift the home to your daughter, and if it is permitted by the mortgage holder, yes.
What is kids name in the White House?
President Obama's two daughters are named Sascha and Malia.
What is the name of Member of the House of Assembly of Southerton constituency in Zimbabwe?
The name of the Member of the House of Assembly for Southerton constituency in Zimbabwe is Chimanikire Gift.
What is kyla pratts daughters name?
her daughters name is lyrics
What is the name of Member of the House of Assembly for Glen Norah constituency in Zimbabwe?
The name of Member of the House of Assembly for Glen Norah constituency in Zimbabwe is Dzirutwe Gift.
Your daughters name is ava-rebeccadoes that have a meaning?
ava-rebecca is my daughters name, does that have a meaning? ava-rebecca is my daughters name, does that have a meaning?
What is the name of Member of the House of Assembly of Hwange West constituency in Zimbabwe?
The name of the current Member of the House of Assembly for Hwange West constituency in Zimbabwe is Mabhena Gift.
What is lil mama's daughters name?
Lil mamma's daughters name is Kate
What is Athenas daughters name?
Athena's daughters name is Kay! LOL JK
