I’ve been trying to find tax / life advice about giving money to parents and I’ve been unable to do so. Every year or two I give my parents about $10-15k. This year I’m giving them $30k and I’m unable to find any relevant details about this. Does anyone else give money to their folks? Is there any guidance on how to do this? I’m writing a check but in the past have done cash, but I find it all very inconvenient and confusing for tax purposes. Thanks
Story Published at: January 15, 2023 at 07:34PM
Story Published at: January 15, 2023 at 07:34PM