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Jared Wants His Daughter, Jacqueline, to Learn About the Stock

Question 2010

Essay

Jared wants his daughter, Jacqueline, to learn about the stock market. He loans Jacqueline $30,000, but does not require Jacqueline to pay interest. Jared tells Jacqueline that she can repay him from the proceeds of future stock sales. Discuss the tax issues that Jared should consider.

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This is considered a gift loan. Jared wi...

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