4 ms·
Just an FYI: If you transfer more than $13k in a year to the account it will trigger gift taxes.
by jstalin 14y ago
Just an FYI: If you transfer more than $13k in a year to the account it will trigger gift taxes.
- kirpekar 14y ago$14,000 for 2013. Also note that lifetime tax-free limit is $5.12 million. So if you 'accidentally' gift more than $14k, you just fill form 709 and pay no taxes till $5.12M