Question
A parent in a high tax brackets wants to gift income producing property (such as stocks and bonds) to their child, who is in a
A parent in a high tax brackets wants to gift income producing property (such as stocks and bonds) to their child, who is in a low tax bracket, in order to shift income and collectively save the family money in taxes. What issues might this parent need to be aware of?
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When a parent in a high tax bracket wants to gift incomeproducing property to their child in a lower tax bracket to shift income and potentially save ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
