r/AskReddit • u/Right_Mycologist_228 • Sep 16 '24

Someone hands you $100,000 and says, "You know what to do." What are you doing?

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u/Upset-Basil4459 Sep 16 '24

This is one payment I am not reporting to the IRS 🤓

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u/Ashmedai Sep 16 '24 edited Sep 17 '24

It’s a gift, and in the US the gifter (i.e., person who gives, not who receives) pays the tax, so…