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Do I have to pay income when gifting my IRA money to fund another person's IRA? Thank you!
I read from investopedia that you can gift your IRA to fund another person's IRA. You don't have to pay gift tax. DO I have to pay income tax. I thought it's likewise transfer. The money does not go through my hand. It's a likewise transfer.
Thank you!
Thank you!
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‎February 21, 2023
3:08 PM