Timeline for answer to I'd like to loan my son and daughter-in-law money to pay off credit card and student loan debt by Dilip Sarwate
Current License: CC BY-SA 3.0
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4 events
| when toggle format | what | by | license | comment | |
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| Jan 29, 2017 at 20:05 | comment | added | Dilip Sarwate | @JoeTaxpayer Thanks. I have incorporated the spouse making gifts idea into my answer. | |
| Jan 29, 2017 at 20:02 | history | edited | Dilip Sarwate | CC BY-SA 3.0 |
added 627 characters in body
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| Jan 29, 2017 at 17:13 | comment | added | JoeTaxpayer♦ | +1 - If OP's concern was taxes, not getting the money back, this answer is perfect. It avoids ongoing tracking and interest payment concerns. The only thing I could add. If OP has a spouse, there is $14K x 4 = $56K total that can be gifted each year with no paperwork. | |
| Jan 28, 2017 at 21:22 | history | answered | Dilip Sarwate | CC BY-SA 3.0 |