Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

onenote

(46,148 posts)

14. Probably not.

Reply to safeinOhio (Reply #9)

Tue Oct 24, 2017, 12:03 AM

Oct 2017

If the check was on a joint account, it could be considered a gift from both Trump and his wife, each of whom can make a gift of $14,000 without triggering the gift tax.

In addition, even if the gift was deemed to be solely from Trump and thus $12K over the current annual limit, whether it was taxable would depend on whether Trump has exceeded the lifetime exemption.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

16 replies

= new reply since forum marked as read

Highlight:

Who the fuck needs permission from legal counsel to fulfill a promise????? [View all] CatWoman Oct 2017 OP

His signature looks like a bunch of people in KKK hats. MrsCoffee Oct 2017 #1

His handwriting only has hard edges. fierywoman Oct 2017 #8

Trump's signature looks like a klan rally Skittles Oct 2017 #2

Everything he says and does is wrapped in a lie. madaboutharry Oct 2017 #3

Thats the shittiest font Ive ever seen on WH stationary! Docreed2003 Oct 2017 #4

It could be a bit dodgy, legally. The Velveteen Ocelot Oct 2017 #5

This guy is the Cliff Clavin of truth telling. world wide wally Oct 2017 #6

Don: "Give me some legal goobly-de-gook that lets me weasel out of this!" struggle4progress Oct 2017 #7

Ouch. safeinOhio Oct 2017 #9

Probably not. onenote Oct 2017 #14

At first I thought I hope they dont cash it Nevernose Oct 2017 #10

The father complained to Trump that his ex-wife was the beneficiary to the death benefits tammywammy Oct 2017 #12

Is there any reason to believe the PoindexterOglethorpe Oct 2017 #11

And notice the word "contribution", marybourg Oct 2017 #13

I may have missed something The empressof all Oct 2017 #15

Someone in bankruptcy. Maybe he is on #7 Hassin Bin Sober Oct 2017 #16