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Get your taxes done using TurboTax
How about, can I create a loan agreement and lend her the money with Zero interest for the first three months and charging 5% interest if she cannot repay me back after three months, instead of filing the Gift Tax Return? And, if she pay me back within the three months, then I don't have to do any on my or her tax return?
‎January 9, 2025
8:16 AM