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khuc1
Jan 8, 2008, 08:14 AM
If I received $3000 for a gift do I pay taxes?
ScottGem
Jan 8, 2008, 08:31 AM
No the gift giver pays the taxes, but a person can give up to $10K in a year before gift taxes accrue.
AtlantaTaxExpert
Jan 8, 2008, 08:14 PM
Agreed!