Quote:
Originally Posted by SHIBUMI
I think that would be taxed again, the question is how do you make her part of the payout so it is only taxed once.
If you had 50 people you wanted to give money too, can you make them part of the payout so the money isn't taxed twice?????  |
Again, when you give away money, there is no income tax owed by either the giver or the receiver of the money. You will not be taxed twice.