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Taxable gift (1 viewing) (1) Guest
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TOPIC: Taxable gift
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Samantha (User)
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Taxable gift 4 Months, 4 Weeks ago Karma: 2  
Client who is father of the bride is throwing a wedding for his daughter. Father is paying for the wedding. One of the attorneys said that the father is making a taxable gift(?) The cost of the wedding is more than $12k so does the father have to file a gift tax return for the value of the wedding.

What are the execptions? It just doesnt seem right. There has to be an exception.

Thx.
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Taxable gift
Samantha 2008/06/27 17:27
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Sumo 2008/07/06 20:21
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steve 2008/07/11 10:11
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Aces wild 2008/07/13 09:00
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