She Has Work Ethic -- so she was blessed

ReinyDays

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From the IRS website: "The gift tax applies to the transfer by gift of any property. You make a gift if you give property (including money), or the use of or income from property, without expecting to receive something of at least equal value in return. If you sell something at less than its full value or if you make an interest-free or reduced-interest loan, you may be making a gift."

Them heartless bastards ...

Ha ha ha ... just teasing ... the giver pays the tax and it appears in this case none will be due ... a new car is below the threshold value where gift taxes are applied ... the IRS is targeting rich people trying to avoid estate taxes by "giving" tens of millions of dollars to their heirs ...
 

CrusaderFrank

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From the IRS website: "The gift tax applies to the transfer by gift of any property. You make a gift if you give property (including money), or the use of or income from property, without expecting to receive something of at least equal value in return. If you sell something at less than its full value or if you make an interest-free or reduced-interest loan, you may be making a gift."

Them heartless bastards ...

Ha ha ha ... just teasing ... the giver pays the tax and it appears in this case none will be due ... a new car is below the threshold value where gift taxes are applied ... the IRS is targeting rich people trying to avoid estate taxes by "giving" tens of millions of dollars to their heirs ...
Can you please just STFU
 

blastoff

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Once gave a guy I didn’t know my old snowblower and he reacted like I’d given him a car or something really valuable. It was really nice.
 

PoliticalChic

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From the IRS website: "The gift tax applies to the transfer by gift of any property. You make a gift if you give property (including money), or the use of or income from property, without expecting to receive something of at least equal value in return. If you sell something at less than its full value or if you make an interest-free or reduced-interest loan, you may be making a gift."

Them heartless bastards ...

Ha ha ha ... just teasing ... the giver pays the tax and it appears in this case none will be due ... a new car is below the threshold value where gift taxes are applied ... the IRS is targeting rich people trying to avoid estate taxes by "giving" tens of millions of dollars to their heirs ...

"The long line of conservatives targeted by the IRS"
...Dr. Carson, the renowned neurosurgeon who told The Washington Times that he was targeted for an audit just months after he gave a speech in front of President Obama that challenged America’s leadership. The agency requested to review his real estate holdings and then conducted a full audit."
The long line of conservatives targeted by the IRS
 
OP
Death Angel

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As always, the problem here, and everywhere, is GOVERNMENT
 

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