Nothing worse than working in a "fun" office
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Dedekind Slut
they can’t do that, that’s illegal
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So, gifts are never income but the cap you’re talking about is a yearly exclusion before you have to use your lifetime exemption. Above that in one year is still excluded up to about $14 million per person/life spread across inter vivos (lifetime) and testamentary (inheritance), plus filing a return
we’re just denying the next generation the fun of leaving the exam with your un-uploaded answers on your laptop and imagining all the things that could go wrong before you get home and upload them? Sad
Ms. RosenbergBar Exam info: Apparently, NextGen UBE requires more wifi bandwidth than the old exam. Takers take NextGen online, whereas the old exam is taken on a local device & then uploaded. The jx that struggled today—WA, MO, MD—all had the same bandwidth issues w the new exam.