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A comment on CEO of Uber: Gig Workers Deserve Better. Parent comment

Re:CEO of Uber: Gig Workers Deserve Better by solidsnack9000 on Tuesday August 11, 2020 @02:55PM (#24124340)
I'm concerned you're overlooking something here. When a husband and wife have a joint account, are withdrawals before death by either party usually taxed?

§25.2511-1(h) of what? It's better to include full references; not everyone on HN is in the USA.

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Re:CEO of Uber: Gig Workers Deserve Better by dlubarov on Wednesday August 12, 2020 @12:38AM (#24128640)
Sorry, it's §25.2511-1(h) in Title 26 of the C.F.R., which contains regulations created by the Treasury.

In the spouse scenario, technically the withdrawals would be subject to gift tax, but the entire amount can be deducted if the spouse is a U.S. citizen. And the gift tax paperwork (Form 709) doesn't actually have to be filed (unless there were other gifts).

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