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Reply to "Tax question of gifting"
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[quote=Anonymous]It's not actually taxed, until you go over your lifetime gift amount. You would just need to fill out some forms. To get around this, you could give your son $14,000 this year, as could your husband. If your son is married, you could also give his spouse $14,000 each. That would get you to about $50,000. [/quote]
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