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Having over $10k deposited in my account
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01-13-2010, 11:08 AM
gales0678
Oriental Park
Join Date: May 2006
Location: new york
Posts: 3,670
jerry it is now 13k that is the exclusion
your can get a gift of 13k from your father and it will be tax free to you
as for him taking out $$$ from a retirement a/c i don't know there are a lot of rules where he may or not maybe taxed
gales0678
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