Does IRS count paying mortgage principal as taxable income from family?
My parents offered me a generous gift, specifically they want to pay off $10,000 of my mortgage principal (the mortgage is under my name, not theirs).
However, I am hesitant to let them do this, as I am worried that IRS will consider it a taxable gift and tax that amount.
Is that a valid worry? Or is it safe to let them pay $10,000?
united-states mortgage gift-tax gifts
asked Dec 22 at 19:28
Ray
513
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Check out our Code of Conduct.
add a comment |
My parents offered me a generous gift, specifically they want to pay off $10,000 of my mortgage principal (the mortgage is under my name, not theirs).
However, I am hesitant to let them do this, as I am worried that IRS will consider it a taxable gift and tax that amount.
Is that a valid worry? Or is it safe to let them pay $10,000?
united-states mortgage gift-tax gifts
asked Dec 22 at 19:28
Ray
513
New contributor
Ray is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
My parents offered me a generous gift, specifically they want to pay off $10,000 of my mortgage principal (the mortgage is under my name, not theirs).
However, I am hesitant to let them do this, as I am worried that IRS will consider it a taxable gift and tax that amount.
Is that a valid worry? Or is it safe to let them pay $10,000?
united-states mortgage gift-tax gifts
asked Dec 22 at 19:28
Ray
513
New contributor
Ray is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
My parents offered me a generous gift, specifically they want to pay off $10,000 of my mortgage principal (the mortgage is under my name, not theirs).
However, I am hesitant to let them do this, as I am worried that IRS will consider it a taxable gift and tax that amount.
Is that a valid worry? Or is it safe to let them pay $10,000?
united-states mortgage gift-tax gifts
united-states mortgage gift-tax gifts
asked Dec 22 at 19:28
Ray
513
New contributor
Ray is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked Dec 22 at 19:28
Ray
513
New contributor
Ray is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked Dec 22 at 19:28
Ray
513
New contributor
Ray is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
asked Dec 22 at 19:28
Ray
513
asked Dec 22 at 19:28
Ray
513
513
New contributor
Ray is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
Ray is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
Ray is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
add a comment |
2 Answers
2
active
oldest
votes
Gifts are not taxable income to the recipient.
In the US, gift tax is paid by the giver, not the recipient. However, there is an annual gift exclusion amount (currently $15,000/year). Any gifts under that amount are not taxable and don't need to be reported to the IRS. This limit is per person, so your parents could give you up to $30,000 and have no reporting requirement or gift-tax liability. If you are married that can double, because it's per recipient and per giver.
Even when the annual gift tax exclusion is exceeded, it doesn't necessarily mean there's gift tax owed, as there's also a lifetime exemption, but amounts above the annual limit are required to be reported and either gift tax is owed or the excess counts toward the lifetime exemption.
answered Dec 22 at 19:39
Hart CO
25.9k16278
10
And of course they could each give you $15K today, and another $15K in a couple of weeks :-)
– jamesqf
Dec 23 at 4:42
5
@jamesqf Just make sure you read this comment near the end of the year as the exemption is annual. 🙂
– Ian MacDonald
2 days ago
@Ian MacDonald: Yes, comments have dates on them :-)
– jamesqf
2 days ago
add a comment |
Highlights from an IRS.com article, "Here are 7 things you should know about the Federal gift tax":
1. Gifts to Family Members Count
The gift tax and exclusion limit (below) apply whether you are making
the gift to a complete stranger, a nephew, or your own children. The
only person you can give a gift to that is exempt from the gift tax is
your spouse. Gifts to your spouse qualify for the marital deduction.
2. There Is an Annual Gift Tax Exclusion
You do not have to pay tax on gifts that are less than the annual
exclusion limit, which generally changes every year. Currently, the
annual exclusion is $15,000 per recipient. In other words, you can
give up to $15,000 to each of your children this year without having
to pay any gift tax.
5. Married Couples Can Give Twice As Much
Spouses can each give up to $15,000 to the same recipient and still
stay within the annual exclusion threshold. Together, a married couple
can give $30,000 to each donee without incurring the gift tax. Most
tax professionals recommend that married couples give money in the
form of 2 separate checks, each signed by one of the spouses, to avoid
any confusion.
edited 2 days ago
Charles Duffy
1074
answered Dec 22 at 20:37
Bob Baerker
14.4k11948
8
I was dismayed that an article from the IRS would use the phrase “Most tax professionals recommend...”. Then I realized that this article is on irs.com, not irs.gov. (You might want to make that clear in the answer.)
– prl
2 days ago
Perhaps it is worth pointing out that Christmas and birthday presents are also counted as gifts, and so if you cut a check for $15000 to your Number One Son today (two days before Christmas), you will likely exceed the exempted amount if you have already mailed him a Christmas or birthday present.
– Dilip Sarwate
2 days ago
@prl - So you're dismayed bt the sentence: "MOST TAX PROFESSIONALS RECOMMEND that married couples give money in the form of 2 separate checks, each signed by one of the spouses, to avoid any confusion"? Do you think that if one parent gave a child $30k instead of each parent giving $15k each that the IRS would accept it as within the $15k per person gift limit? I don't get why you have a complaint that this info comes from irs.com rather than irs.gov. Of the information that I posted from the irs.com site, what part of it do you believe is misleading or incorrect?
– Bob Baerker
2 days ago
1
@BobBaerker, ...I don't read the objection to be that the content itself is misleading or incorrect, simply that it's less authoritative than an irs.gov source. And the opening to the answer describing its information as directly drawn from "an IRS article" when the linked source isn't directly published by the IRS itself is indeed a bit misleading.
– Charles Duffy
2 days ago
4
@Charles, Yes, that’s exactly what I meant. That phrase was what clued me into the fact that this is not from an IRS publication.
– prl
2 days ago
|
show 3 more comments
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2 Answers
2
active
oldest
votes
2 Answers
2
active
oldest
votes
active
oldest
votes
active
oldest
votes
Gifts are not taxable income to the recipient.
In the US, gift tax is paid by the giver, not the recipient. However, there is an annual gift exclusion amount (currently $15,000/year). Any gifts under that amount are not taxable and don't need to be reported to the IRS. This limit is per person, so your parents could give you up to $30,000 and have no reporting requirement or gift-tax liability. If you are married that can double, because it's per recipient and per giver.
Even when the annual gift tax exclusion is exceeded, it doesn't necessarily mean there's gift tax owed, as there's also a lifetime exemption, but amounts above the annual limit are required to be reported and either gift tax is owed or the excess counts toward the lifetime exemption.
answered Dec 22 at 19:39
Hart CO
25.9k16278
10
And of course they could each give you $15K today, and another $15K in a couple of weeks :-)
– jamesqf
Dec 23 at 4:42
5
@jamesqf Just make sure you read this comment near the end of the year as the exemption is annual. 🙂
– Ian MacDonald
2 days ago
@Ian MacDonald: Yes, comments have dates on them :-)
– jamesqf
2 days ago
add a comment |
Gifts are not taxable income to the recipient.
In the US, gift tax is paid by the giver, not the recipient. However, there is an annual gift exclusion amount (currently $15,000/year). Any gifts under that amount are not taxable and don't need to be reported to the IRS. This limit is per person, so your parents could give you up to $30,000 and have no reporting requirement or gift-tax liability. If you are married that can double, because it's per recipient and per giver.
Even when the annual gift tax exclusion is exceeded, it doesn't necessarily mean there's gift tax owed, as there's also a lifetime exemption, but amounts above the annual limit are required to be reported and either gift tax is owed or the excess counts toward the lifetime exemption.
answered Dec 22 at 19:39
Hart CO
25.9k16278
10
And of course they could each give you $15K today, and another $15K in a couple of weeks :-)
– jamesqf
Dec 23 at 4:42
5
@jamesqf Just make sure you read this comment near the end of the year as the exemption is annual. 🙂
– Ian MacDonald
2 days ago
@Ian MacDonald: Yes, comments have dates on them :-)
– jamesqf
2 days ago
add a comment |
Gifts are not taxable income to the recipient.
In the US, gift tax is paid by the giver, not the recipient. However, there is an annual gift exclusion amount (currently $15,000/year). Any gifts under that amount are not taxable and don't need to be reported to the IRS. This limit is per person, so your parents could give you up to $30,000 and have no reporting requirement or gift-tax liability. If you are married that can double, because it's per recipient and per giver.
Even when the annual gift tax exclusion is exceeded, it doesn't necessarily mean there's gift tax owed, as there's also a lifetime exemption, but amounts above the annual limit are required to be reported and either gift tax is owed or the excess counts toward the lifetime exemption.
answered Dec 22 at 19:39
Hart CO
25.9k16278
Gifts are not taxable income to the recipient.
In the US, gift tax is paid by the giver, not the recipient. However, there is an annual gift exclusion amount (currently $15,000/year). Any gifts under that amount are not taxable and don't need to be reported to the IRS. This limit is per person, so your parents could give you up to $30,000 and have no reporting requirement or gift-tax liability. If you are married that can double, because it's per recipient and per giver.
Even when the annual gift tax exclusion is exceeded, it doesn't necessarily mean there's gift tax owed, as there's also a lifetime exemption, but amounts above the annual limit are required to be reported and either gift tax is owed or the excess counts toward the lifetime exemption.
answered Dec 22 at 19:39
Hart CO
25.9k16278
edited Dec 22 at 19:57
answered Dec 22 at 19:39
Hart CO
25.9k16278
answered Dec 22 at 19:39
Hart CO
25.9k16278
answered Dec 22 at 19:39
Hart CO
25.9k16278
25.9k16278
10
And of course they could each give you $15K today, and another $15K in a couple of weeks :-)
– jamesqf
Dec 23 at 4:42
5
@jamesqf Just make sure you read this comment near the end of the year as the exemption is annual. 🙂
– Ian MacDonald
2 days ago
@Ian MacDonald: Yes, comments have dates on them :-)
– jamesqf
2 days ago
add a comment |
10
And of course they could each give you $15K today, and another $15K in a couple of weeks :-)
– jamesqf
Dec 23 at 4:42
5
@jamesqf Just make sure you read this comment near the end of the year as the exemption is annual. 🙂
– Ian MacDonald
2 days ago
@Ian MacDonald: Yes, comments have dates on them :-)
– jamesqf
2 days ago
10
10
And of course they could each give you $15K today, and another $15K in a couple of weeks :-)
– jamesqf
Dec 23 at 4:42
And of course they could each give you $15K today, and another $15K in a couple of weeks :-)
– jamesqf
Dec 23 at 4:42
5
5
@jamesqf Just make sure you read this comment near the end of the year as the exemption is annual. 🙂
– Ian MacDonald
2 days ago
@jamesqf Just make sure you read this comment near the end of the year as the exemption is annual. 🙂
– Ian MacDonald
2 days ago
@Ian MacDonald: Yes, comments have dates on them :-)
– jamesqf
2 days ago
@Ian MacDonald: Yes, comments have dates on them :-)
– jamesqf
2 days ago
add a comment |
Highlights from an IRS.com article, "Here are 7 things you should know about the Federal gift tax":
1. Gifts to Family Members Count
The gift tax and exclusion limit (below) apply whether you are making
the gift to a complete stranger, a nephew, or your own children. The
only person you can give a gift to that is exempt from the gift tax is
your spouse. Gifts to your spouse qualify for the marital deduction.
2. There Is an Annual Gift Tax Exclusion
You do not have to pay tax on gifts that are less than the annual
exclusion limit, which generally changes every year. Currently, the
annual exclusion is $15,000 per recipient. In other words, you can
give up to $15,000 to each of your children this year without having
to pay any gift tax.
5. Married Couples Can Give Twice As Much
Spouses can each give up to $15,000 to the same recipient and still
stay within the annual exclusion threshold. Together, a married couple
can give $30,000 to each donee without incurring the gift tax. Most
tax professionals recommend that married couples give money in the
form of 2 separate checks, each signed by one of the spouses, to avoid
any confusion.
edited 2 days ago
Charles Duffy
1074
answered Dec 22 at 20:37
Bob Baerker
14.4k11948
8
I was dismayed that an article from the IRS would use the phrase “Most tax professionals recommend...”. Then I realized that this article is on irs.com, not irs.gov. (You might want to make that clear in the answer.)
– prl
2 days ago
Perhaps it is worth pointing out that Christmas and birthday presents are also counted as gifts, and so if you cut a check for $15000 to your Number One Son today (two days before Christmas), you will likely exceed the exempted amount if you have already mailed him a Christmas or birthday present.
– Dilip Sarwate
2 days ago
@prl - So you're dismayed bt the sentence: "MOST TAX PROFESSIONALS RECOMMEND that married couples give money in the form of 2 separate checks, each signed by one of the spouses, to avoid any confusion"? Do you think that if one parent gave a child $30k instead of each parent giving $15k each that the IRS would accept it as within the $15k per person gift limit? I don't get why you have a complaint that this info comes from irs.com rather than irs.gov. Of the information that I posted from the irs.com site, what part of it do you believe is misleading or incorrect?
– Bob Baerker
2 days ago
1
@BobBaerker, ...I don't read the objection to be that the content itself is misleading or incorrect, simply that it's less authoritative than an irs.gov source. And the opening to the answer describing its information as directly drawn from "an IRS article" when the linked source isn't directly published by the IRS itself is indeed a bit misleading.
– Charles Duffy
2 days ago
4
@Charles, Yes, that’s exactly what I meant. That phrase was what clued me into the fact that this is not from an IRS publication.
– prl
2 days ago
|
show 3 more comments
Highlights from an IRS.com article, "Here are 7 things you should know about the Federal gift tax":
1. Gifts to Family Members Count
The gift tax and exclusion limit (below) apply whether you are making
the gift to a complete stranger, a nephew, or your own children. The
only person you can give a gift to that is exempt from the gift tax is
your spouse. Gifts to your spouse qualify for the marital deduction.
2. There Is an Annual Gift Tax Exclusion
You do not have to pay tax on gifts that are less than the annual
exclusion limit, which generally changes every year. Currently, the
annual exclusion is $15,000 per recipient. In other words, you can
give up to $15,000 to each of your children this year without having
to pay any gift tax.
5. Married Couples Can Give Twice As Much
Spouses can each give up to $15,000 to the same recipient and still
stay within the annual exclusion threshold. Together, a married couple
can give $30,000 to each donee without incurring the gift tax. Most
tax professionals recommend that married couples give money in the
form of 2 separate checks, each signed by one of the spouses, to avoid
any confusion.
edited 2 days ago
Charles Duffy
1074
answered Dec 22 at 20:37
Bob Baerker
14.4k11948
8
I was dismayed that an article from the IRS would use the phrase “Most tax professionals recommend...”. Then I realized that this article is on irs.com, not irs.gov. (You might want to make that clear in the answer.)
– prl
2 days ago
Perhaps it is worth pointing out that Christmas and birthday presents are also counted as gifts, and so if you cut a check for $15000 to your Number One Son today (two days before Christmas), you will likely exceed the exempted amount if you have already mailed him a Christmas or birthday present.
– Dilip Sarwate
2 days ago
@prl - So you're dismayed bt the sentence: "MOST TAX PROFESSIONALS RECOMMEND that married couples give money in the form of 2 separate checks, each signed by one of the spouses, to avoid any confusion"? Do you think that if one parent gave a child $30k instead of each parent giving $15k each that the IRS would accept it as within the $15k per person gift limit? I don't get why you have a complaint that this info comes from irs.com rather than irs.gov. Of the information that I posted from the irs.com site, what part of it do you believe is misleading or incorrect?
– Bob Baerker
2 days ago
1
@BobBaerker, ...I don't read the objection to be that the content itself is misleading or incorrect, simply that it's less authoritative than an irs.gov source. And the opening to the answer describing its information as directly drawn from "an IRS article" when the linked source isn't directly published by the IRS itself is indeed a bit misleading.
– Charles Duffy
2 days ago
4
@Charles, Yes, that’s exactly what I meant. That phrase was what clued me into the fact that this is not from an IRS publication.
– prl
2 days ago
|
show 3 more comments
Highlights from an IRS.com article, "Here are 7 things you should know about the Federal gift tax":
1. Gifts to Family Members Count
The gift tax and exclusion limit (below) apply whether you are making
the gift to a complete stranger, a nephew, or your own children. The
only person you can give a gift to that is exempt from the gift tax is
your spouse. Gifts to your spouse qualify for the marital deduction.
2. There Is an Annual Gift Tax Exclusion
You do not have to pay tax on gifts that are less than the annual
exclusion limit, which generally changes every year. Currently, the
annual exclusion is $15,000 per recipient. In other words, you can
give up to $15,000 to each of your children this year without having
to pay any gift tax.
5. Married Couples Can Give Twice As Much
Spouses can each give up to $15,000 to the same recipient and still
stay within the annual exclusion threshold. Together, a married couple
can give $30,000 to each donee without incurring the gift tax. Most
tax professionals recommend that married couples give money in the
form of 2 separate checks, each signed by one of the spouses, to avoid
any confusion.
edited 2 days ago
Charles Duffy
1074
answered Dec 22 at 20:37
Bob Baerker
14.4k11948
Highlights from an IRS.com article, "Here are 7 things you should know about the Federal gift tax":
1. Gifts to Family Members Count
The gift tax and exclusion limit (below) apply whether you are making
the gift to a complete stranger, a nephew, or your own children. The
only person you can give a gift to that is exempt from the gift tax is
your spouse. Gifts to your spouse qualify for the marital deduction.
2. There Is an Annual Gift Tax Exclusion
You do not have to pay tax on gifts that are less than the annual
exclusion limit, which generally changes every year. Currently, the
annual exclusion is $15,000 per recipient. In other words, you can
give up to $15,000 to each of your children this year without having
to pay any gift tax.
5. Married Couples Can Give Twice As Much
Spouses can each give up to $15,000 to the same recipient and still
stay within the annual exclusion threshold. Together, a married couple
can give $30,000 to each donee without incurring the gift tax. Most
tax professionals recommend that married couples give money in the
form of 2 separate checks, each signed by one of the spouses, to avoid
any confusion.
edited 2 days ago
Charles Duffy
1074
answered Dec 22 at 20:37
Bob Baerker
14.4k11948
edited 2 days ago
Charles Duffy
1074
edited 2 days ago
Charles Duffy
1074
edited 2 days ago
Charles Duffy
1074
1074
answered Dec 22 at 20:37
Bob Baerker
14.4k11948
answered Dec 22 at 20:37
Bob Baerker
14.4k11948
answered Dec 22 at 20:37
Bob Baerker
14.4k11948
14.4k11948
8
I was dismayed that an article from the IRS would use the phrase “Most tax professionals recommend...”. Then I realized that this article is on irs.com, not irs.gov. (You might want to make that clear in the answer.)
– prl
2 days ago
Perhaps it is worth pointing out that Christmas and birthday presents are also counted as gifts, and so if you cut a check for $15000 to your Number One Son today (two days before Christmas), you will likely exceed the exempted amount if you have already mailed him a Christmas or birthday present.
– Dilip Sarwate
2 days ago
@prl - So you're dismayed bt the sentence: "MOST TAX PROFESSIONALS RECOMMEND that married couples give money in the form of 2 separate checks, each signed by one of the spouses, to avoid any confusion"? Do you think that if one parent gave a child $30k instead of each parent giving $15k each that the IRS would accept it as within the $15k per person gift limit? I don't get why you have a complaint that this info comes from irs.com rather than irs.gov. Of the information that I posted from the irs.com site, what part of it do you believe is misleading or incorrect?
– Bob Baerker
2 days ago
1
@BobBaerker, ...I don't read the objection to be that the content itself is misleading or incorrect, simply that it's less authoritative than an irs.gov source. And the opening to the answer describing its information as directly drawn from "an IRS article" when the linked source isn't directly published by the IRS itself is indeed a bit misleading.
– Charles Duffy
2 days ago
4
@Charles, Yes, that’s exactly what I meant. That phrase was what clued me into the fact that this is not from an IRS publication.
– prl
2 days ago
|
show 3 more comments
8
I was dismayed that an article from the IRS would use the phrase “Most tax professionals recommend...”. Then I realized that this article is on irs.com, not irs.gov. (You might want to make that clear in the answer.)
– prl
2 days ago
Perhaps it is worth pointing out that Christmas and birthday presents are also counted as gifts, and so if you cut a check for $15000 to your Number One Son today (two days before Christmas), you will likely exceed the exempted amount if you have already mailed him a Christmas or birthday present.
– Dilip Sarwate
2 days ago
@prl - So you're dismayed bt the sentence: "MOST TAX PROFESSIONALS RECOMMEND that married couples give money in the form of 2 separate checks, each signed by one of the spouses, to avoid any confusion"? Do you think that if one parent gave a child $30k instead of each parent giving $15k each that the IRS would accept it as within the $15k per person gift limit? I don't get why you have a complaint that this info comes from irs.com rather than irs.gov. Of the information that I posted from the irs.com site, what part of it do you believe is misleading or incorrect?
– Bob Baerker
2 days ago
1
@BobBaerker, ...I don't read the objection to be that the content itself is misleading or incorrect, simply that it's less authoritative than an irs.gov source. And the opening to the answer describing its information as directly drawn from "an IRS article" when the linked source isn't directly published by the IRS itself is indeed a bit misleading.
– Charles Duffy
2 days ago
4
@Charles, Yes, that’s exactly what I meant. That phrase was what clued me into the fact that this is not from an IRS publication.
– prl
2 days ago
8
8
I was dismayed that an article from the IRS would use the phrase “Most tax professionals recommend...”. Then I realized that this article is on irs.com, not irs.gov. (You might want to make that clear in the answer.)
– prl
2 days ago
I was dismayed that an article from the IRS would use the phrase “Most tax professionals recommend...”. Then I realized that this article is on irs.com, not irs.gov. (You might want to make that clear in the answer.)
– prl
2 days ago
Perhaps it is worth pointing out that Christmas and birthday presents are also counted as gifts, and so if you cut a check for $15000 to your Number One Son today (two days before Christmas), you will likely exceed the exempted amount if you have already mailed him a Christmas or birthday present.
– Dilip Sarwate
2 days ago
Perhaps it is worth pointing out that Christmas and birthday presents are also counted as gifts, and so if you cut a check for $15000 to your Number One Son today (two days before Christmas), you will likely exceed the exempted amount if you have already mailed him a Christmas or birthday present.
– Dilip Sarwate
2 days ago
@prl - So you're dismayed bt the sentence: "MOST TAX PROFESSIONALS RECOMMEND that married couples give money in the form of 2 separate checks, each signed by one of the spouses, to avoid any confusion"? Do you think that if one parent gave a child $30k instead of each parent giving $15k each that the IRS would accept it as within the $15k per person gift limit? I don't get why you have a complaint that this info comes from irs.com rather than irs.gov. Of the information that I posted from the irs.com site, what part of it do you believe is misleading or incorrect?
– Bob Baerker
2 days ago
@prl - So you're dismayed bt the sentence: "MOST TAX PROFESSIONALS RECOMMEND that married couples give money in the form of 2 separate checks, each signed by one of the spouses, to avoid any confusion"? Do you think that if one parent gave a child $30k instead of each parent giving $15k each that the IRS would accept it as within the $15k per person gift limit? I don't get why you have a complaint that this info comes from irs.com rather than irs.gov. Of the information that I posted from the irs.com site, what part of it do you believe is misleading or incorrect?
– Bob Baerker
2 days ago
1
1
@BobBaerker, ...I don't read the objection to be that the content itself is misleading or incorrect, simply that it's less authoritative than an irs.gov source. And the opening to the answer describing its information as directly drawn from "an IRS article" when the linked source isn't directly published by the IRS itself is indeed a bit misleading.
– Charles Duffy
2 days ago
@BobBaerker, ...I don't read the objection to be that the content itself is misleading or incorrect, simply that it's less authoritative than an irs.gov source. And the opening to the answer describing its information as directly drawn from "an IRS article" when the linked source isn't directly published by the IRS itself is indeed a bit misleading.
– Charles Duffy
2 days ago
4
4
@Charles, Yes, that’s exactly what I meant. That phrase was what clued me into the fact that this is not from an IRS publication.
– prl
2 days ago
@Charles, Yes, that’s exactly what I meant. That phrase was what clued me into the fact that this is not from an IRS publication.
– prl
2 days ago
|
show 3 more comments
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Ray is a new contributor. Be nice, and check out our Code of Conduct.
Ray is a new contributor. Be nice, and check out our Code of Conduct.
Ray is a new contributor. Be nice, and check out our Code of Conduct.
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