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re: Had an interesting conversation with a former SEC football player
Posted on 5/4/16 at 10:30 am to MontyFranklyn
Posted on 5/4/16 at 10:30 am to MontyFranklyn
Well if I chose not to pay taxes and give that money to my mom that would be nice but not legal either.
3
Posted on 5/4/16 at 10:35 am to tigerskin
quote:
Well if I chose not to pay taxes and give that money to my mom that would be nice but not legal either.
The person receiving a gift is never liable for taxes on it. And only gifts given by an individual of $13,000 or more are taxable to the giver. So no, not illegal.
Posted on 5/4/16 at 12:25 pm to tigerskin
I find it hard to believe that a Bama fan found a player that got paid by whole in college
This post was edited on 5/4/16 at 12:26 pm
Posted on 5/4/16 at 12:30 pm to tigerskin
quote:exactly
Well if I chose not to pay taxes and give that money to my mom that would be nice but not legal either.
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