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A comment on John Carmack: I loaned money to anyone that asked me. Parent comment

Re:John Carmack: I loaned money to anyone that asked me by lotsofpulp on Monday January 09, 2023 @10:03PM (#34319986)
A gift recipient does not owe tax, so taxpayer B never owes any tax for receiving a gift.

https://www.irs.gov/businesses/small-businesses-self-employe...

>Who pays the gift tax?

> The donor is generally responsible for paying the gift tax. Under special arrangements the donee may agree to pay the tax instead. Please visit with your tax professional if you are considering this type of arrangement.

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Re:John Carmack: I loaned money to anyone that asked me by theonething on Tuesday January 10, 2023 @03:26AM (#34321995)
Ok, after a little more research, I think you're right and I stand corrected. Thank you for your patience!
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