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david964



Joined: 12 Sep 2011
Posts: 129
PostPosted: Fri Oct 07, 2011 8:47 am    Post subject: Corporate gifts Reply with quote
Even if the gift had to be reported, it still would not be taxed. The 3250 filing simply advises the IRS of the transfer so that they can evaluate the taxable status of the transfer. A bona-fide gift is never taxable to the recipient.thanks







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