How to Pay Taxes on Gifts

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!

Real Estate, Education, Investing, Self-improvement, Business, Money

4.6 • 858 Ratings

🗓️ 24 May 2020

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this week's episode Quint and Daniel discuss the tax rules for large gifts of cash and how to use them.

Transcript

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0:00.0	Hey there, this is Daniel. Thanks for listening to DIY Money. Now, if you haven't already, be sure to give us a five-star review so your friends know that this is a show that they can learn from. Follow us on Instagram at DIY.money. Now, enjoy this episode.
0:21.5	Welcome back.
0:22.6	Ladies and gentlemen, you're listening to another edition of DIY money.
0:28.4	DIY money.
0:29.8	All right.
0:30.9	Well, we're back at it.
0:32.4	Not too many COVID-19 questions coming our way.
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0:41.5	and we'll bump you to the top of the queue.
0:43.9	We still want the other questions,
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1:05.1	That's podcast at DIYmoney.org.
1:07.7	If we use the question on the show,
1:10.7	we'll send you a $25 Amazon gift card.
1:14.6	Yeah, baby.
1:16.0	Like today's question comes from Jesse regarding gifting.
1:21.7	Jesse, what do you got?
1:23.5	DIY.
	...

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Generated transcripts are the property of Bleav + Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen! and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.