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Old 08-21-2005, 09:50 PM
Jimbo Jimbo is offline
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Join Date: Sep 2002
Location: Planet Earth but relocating
Posts: 2,193
Default Re: Do bonuses affect taxes? (US)

[ QUOTE ]
The *recipient* of a gift is never required to pay any taxes on said gift. Bill Gates could walk up to you and write you a check for $100,000,000 and you would not owe any taxes on the money. The *giver* has to worry about the tax implications

[/ QUOTE ]

This is soooooooo wrong.
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