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Old Feb 17, 2015, 6:38 am
  #334  
YoungSoloTraveler
 
Join Date: Jul 2014
Programs: Jeff is Deaf
Posts: 541
Originally Posted by seahawksunite
I suggest you acquaint yourself with taxation laws. Greater than 14k an year you may have tax liability on the gifts and the IRS would come knocking.
Thanks for the heads up. Looks like I will limit it to 13k for now. I put 3k in kiva for my last ms, but locking up money for 6 months is not ideal.
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