You only have to pay gift tax if

your accumulated lifetime gift exceeds $1,000,000. The annual exemption is only used to calculate the lifetime gift amount, not the threshold to determine your tax liability. BTW, the current annual exemption is $13,000/person, not $12,000

所有跟帖： 

• no, you don't pay tax when receiving gift. -myepc175- ♂ (78 bytes) () 06/15/2010 postreply 10:53:15

• NO什么NO。　你我不是说的一个意思吗？就你聪明！ -CyberCat- ♂ (0 bytes) () 06/15/2010 postreply 13:33:25