[Alex Murphy]

The most expensive of the bunch is a brand new Bentley convertible, which he purchased for adult film star Kacey Jordan. And because he’s Charlie Sheen and simply having one adult film star in his life isn’t enough, he reportedly also bought a $150,000 Porsche 911 Turbo for a second unnamed adult film star. Sheen then bought two new Mercedes models, an S63 and a CL600, both priced at around $160,000; the first for his girlfriend, the second for his soon-t0-be ex-wife Brooke Mueller. Now you know why women love Charlie Sheen.

Just wait until they have to declare the "gifts" as income when they file their 1040s. They're really going to love Charlie then!

[justlurking]

Just wait until they have to declare the "gifts" as income when they file their 1040s.

As long as they are considered gifts, the tax will be assessed on Sheen, not the recipients.

There's a $13,000 exclusion each year, but everything after that is an additional tax on the giver. However, there is a "unified gift tax credit" that may be available, if it hasn't already been exhausted. The gift tax credit is basically the amount that could be excluded from estate taxes, and it reduces the estate tax exclusion when you die.

[antiRepublicrat]

Charlie gave the Bentley recipient a $30,000 check too. That should help pay the taxes.