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Old 02-23-2026 | 01:24 PM
  #120  
Rama
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Joined: Apr 2005
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Originally Posted by rickair7777
Bro might have promised him half of his 65+ after tax income. Probably not even illegal to gift within family.
You can gift 19k (38 if married) no questions or taxes.
Can actually go higher and file a 709 form with the IRS which reduces the amount of your lifetime exemption on your estate.
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