I'm sorry for grandma of course but I like the 21 dollars in silver coins, sovcit. (lemmy.world)

submitted 4 weeks ago by BonesOfTheMoon@lemmy.world to c/insanepeoplefacebook@lemmy.world

17 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] lemmyman@lemmy.world 15 points 4 weeks ago

The funny thing is, the gift wouldn't be taxed anyway. It's certainly valued less than the multi-million-dollar federal lifetime gift tax exemption (and no state has an exemption under 1 million, either)

[-] Brosplosion@lemm.ee 4 points 3 weeks ago

There's a yearly limit for gifts at $18k in 2024.

[-] lemmyman@lemmy.world 5 points 3 weeks ago

True, but anything over that just counts toward estate tax, which has the aforementioned exemptions.

this post was submitted on 30 Oct 2024

61 points (95.5% liked)

InsanePeopleFacebook

2660 readers

3 users here now

Screenshots of people being insane on Facebook. Please censor names/pics of end users in screenshots. Please follow the rules of lemmy.world

founded 1 year ago

MODERATORS

Lifecoach5000@lemmy.world

BonesOfTheMoon@lemmy.world