If I want to give my child a tax free gift of $13,000, is there a form I need to obtain from the bank, or do I just get a cashier's check?
You should not need a form from the bank. Consult with your tax advisor concerning any documentation needed to substantiate the validity of the transaction for tax purposes.
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You should not need a form from the bank. Consult with your tax advisor concerning any documentation needed to substantiate the validity of the transaction for tax purposes.
