European Stars And Stripes (Newspaper) - April 3, 1988, Darmstadt, Hesse Pago 20 the stars and stripes sunday april 3,1983 i investors guide by Bill Doyle q. I nuke approximately so jew i Jan ind Hue a 2- Rou son. Do the us Laws Titan me to nuke i gift of Monty to my Ion if such Gilt la Loci a much and is a tax fret a. You can make gift of Money stocks Bonds and or any thing else to your Ion and to Oiher people. You could give away Mil Lions of Dol Lars if you had that kind of Money. To keep things Sim ple it s Wise to give no More than 510,000 to any one individual each year. If you were wealthy and generous you might give j 10.000 annually to each of As Many people As you like by keep ing your Girts in that Range there will be no Federal gift Las due and you will not even be required to file Federal gift lax returns. Do Noi confuse the Federal Gill tax with Federal income Tai. Those Are two different levies girls Are never subject to income tax. If the Money you give your son is put Inlo a Bank account or sonic place eke where it cams interest or into stocks where it earns interest or into stocks where it cams dividends the internal Revenue serv ice could gel Inlo the act a in Cral income la mum must be filed for any dependent child whose unearned income from in Terest and dividends tops Jisoo a year. Assuming your son s Only income would be from interest and or dividends the first 1500 he receives each year would be offset by his Standard deduction and Wouita do be subject to income lax. His second s 500 of unearned in come would be taxable at his tax rate to percent As of i9ss. Hit unearned income in excess of 11,000 would be taxable i n00 54 46 a wok 54 44 . N sol Star Iii hanti Puiwa w m Eis Toma fi4 44 nth Orzua by Ftp Sui by 71 63 according to the news accounts to Rauert said Trie House and Senate negotiators were acting on emotions when they approved a Compromise Trade Bill thursday that would punish Toshiba corp. For a subsidiary s illegal exports of sensitive military technology to the soviet Union. Tamura was quoted As saying being so trapped by emotion is fas european weather j a or i tour. To to South Btry Amitha a. A. P j m t haul 44 w 20 5ormflft4.fc pm m a a sraa4 pm Madu 49 Tif Rabb 37 � r4totf 7j it film 71 14 raw we 74 50 to szs3 � 74 4a k 47 Bra Rhiw r -. Ong t to t h f 17 a Nam Rte us. I i1? � 71
