Legal Question in Tax Law in California
Is a gift of cash of $10,000 from an out of state donor taxable as income in California?
Asked on 3/20/11, 1:47 pm
1 Answer from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
No. It could be taxable to the donor.
Answered on 3/20/11, 2:35 pm
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