3 ms·
Making a mark in a private ledger does not count as a taxable event for anyone. If I say in my diary "I give $100,000 to dublinben", or "dublinben can claim $1
by oh_sigh 7y ago
Making a mark in a private ledger does not count as a taxable event for anyone.
If I say in my diary "I give $100,000 to dublinben", or "dublinben can claim $100,000 from me for free by just asking", nothing has happened yet from the perspective of the IRS.
- rvnx 7y agoHere is more the equivalent of "Here is a coupon to redeem 100,000 USD from me", which is essentially currency / debt already