Just Post

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I genuinely can't tell if this is a super illegal shitpost or an actual tax loophole. (infosec.pub)

submitted 3 months ago by The_Picard_Maneuver@piefed.world to c/justpost@lemmy.world

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[–] pdxfed@lemmy.world 6 points 3 months ago (1 children)

When would it not be limited by the 19k annual exemption?

[–] Leeks@lemmy.world 11 points 3 months ago* (last edited 3 months ago)

Tax code is so complex given enough readings and creative interpretations, I’m sure there’s a way. If I had to guess, it would be putting the stock into some financial vehicle, making grandma the custodian of the vehicle, then grandma disassembles the vehicle and kicking the bucket, giving the step up basis.

Legal notice: I am not your accountant.