AboutHelen P. O`Planick, EA Expertise I am a tax professional, with experience in individual taxation. I would prefer not to answer questions about non-resident aliens or corporate taxation. Please do not ask me state related questions, unless the state is Pennsylvania. There are 42 taxing states and 42 TOTALLY different sets of state tax law.
Experience I have been preparing tax returns almost all my life. I have been in professional practice for 25 years and I am enrolled to practice before the Internal Revenue Service.
Organizations National Association of Enrolled Agents
Publications I am a prior Money Magazine Tax Test taker and have been quoted extensively in all media including monthly periodicals and books by tax authorities.
Question A relative of mine is going to receive a gift from an inlaw of $13,000, which I know is the maximum that need not be declared on income tax forms. She asked if I would agree to take another $13,000 from that inlaw and then turn it over to her. That seems like it would not be in compliance with the intent of the gift tax regulations. Can you comment on that?
Answer If you are given a gift, it is yours. If a string or in your case a rope is attached, both you and the giver are committing tax fraud.
And your relative is sad in knowledge of gift taxes (in other words, totally out in left field) as gifts are not taxable income.
