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Replying to Avatar SheBytes

Did you know that if you’re an American you can gift up to $17k tax free? A couple can gift their child up to $34k per year without a tax consequence. If you’re planning to #HODL some part of your stack for life, at these prices, you can “give” your child a whole #Bitcoin from your estate, tax free today. Food for thought.

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hh 2y ago

All it means is that the receiver doesn't pay, right? Not that the giver can deduct it.

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SheBytes 2y ago

Yes the receiver doesn’t pay. It’s like a form of estate planning.

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