Legal Question in Tax Law in California

Is a gift of cash of $10,000 from an out of state donor taxable as income in California?

Asked on 3/20/11, 1:47 pm

1 Answer from Attorneys

Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

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No. It could be taxable to the donor.

Answered on 3/20/11, 2:35 pm

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