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Community: Investing Wiki

Term Of The Hour

gift tax stocks: Original post by Susan Reynolds of Demand Media Gifts of stock are commonly given to children. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/251/183/78454905.jpg?w=700&h=700&keep_ratio=1 Comstock/Comstock/Getty Images When stocks are exchanged as gifts, the IRS requires taxes to be paid on them. The purpose of enforcing the gift tax code is to ensure…

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