gift tax question


If I give my parents $150000 worth stock, then they sell it and return $140000 cash to me.

So there is no gift tax here? Right?

Thanks a lot.

所有跟帖: 

Because they could keep 10K cash. -69162- 给 69162 发送悄悄话 (50 bytes) () 01/22/2006 postreply 18:20:20

this one answers ur question -24225- 给 24225 发送悄悄话 (40 bytes) () 01/22/2006 postreply 21:47:02

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