Lawn mower for RickN.

[bigred1]

WTF! I don't understand what all this legal stuff actually means. Am I going to get some sort of letter from .gov because of the amount of my donation or because it was done thru PayPal, or is everyone just jumping at shadows?

If you were to get anything it would be for a tax deduction/write off.

 

[Chuckie]

If you were to get anything it would be for a tax deduction/write off.

OK, thanks.

 

[CHenry]

WTF! I don't understand what all this legal stuff actually means. Am I going to get some sort of letter from .gov because of the amount of my donation or because it was done thru PayPal, or is everyone just jumping at shadows?

No you wont

 

[Perplexed]

No good deed goes unpunished, sheesh.

 

[Chuckie]

No you wont

Thank you.

 

[trekrok]

I don't understand. Anyone can give anyone $17K as a gift, right? Seems like if anything clay would need to file notice of the gift to Rick, assuming there's a form for that.

I don't get how this becomes taxable for anyone.

 

[CHenry]

I don't understand. Anyone can give anyone $17K as a gift, right? Seems like if anything clay would need to file notice of the gift to Rick, assuming there's a form for that.

I don't get how this becomes taxable for anyone.

your exacly right according to my tax buddy, She will find the looholes.

 

[CHenry]

Listen, this transfer of money may be a day or 10. I have to get everything straight.
Stand by and I will be transparent on the entire deal.
It's still a mystery to me

 

[Catt57]

Listen, this transfer of money may be a day or 10. I have to get everything straight.
Stand by and I will be transparent on the entire deal.
It's still a mystery to me

Do what you need.

 

[CHenry]

I don't understand. Anyone can give anyone $17K as a gift, right? Seems like if anything clay would need to file notice of the gift to Rick, assuming there's a form for that.

I don't get how this becomes taxable for anyone.

Me either