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To: 9YearLurker
Yes, per annum limits until gifts get taxed.

But it's the giver who gets taxed, not the recipient.

I kind of doubt this was structured as a gift, however. I'm not sure an employer can gift money to an employee.

13 posted on 12/31/2021 8:43:59 AM PST by semimojo
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To: semimojo

Right. Maybe it was done before the sale went through, so counted as bonus income. And of course you are right about the tax, but those who are doing the giving tend to be those most attuned to tax laws anyway.


14 posted on 12/31/2021 9:02:12 AM PST by 9YearLurker
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