Replies

To: Tea Party Terrorist

How much will his wife get? I know the IRS will get their portion.

This depends on who set up the go fund me page, and how it was set up. Could all be non-taxable gift to him.

24 posted on 08/14/2018 10:29:46 AM PDT by IYAS9YAS (There are two kinds of people: Those who can extrapolate from incomplete data.)

To: IYAS9YAS

An individual has a yearly exemption of $15K for money they recieve as gifts. Anything over 15K is reportable.

74 posted on 08/14/2018 2:35:37 PM PDT by Tea Party Terrorist (A bad peace is better than a good war.)

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