document.write( "Question 335611: IF I RECIEVE $100,000 AS A GIFT, HOW MUCH MORE MONEY MUST i receive as a gift so that the all of the taxes on the original gift and the tax reimbursment are taken care of by the giver. Assume a tax rate of 41%.
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Algebra.Com's Answer #240597 by Fombitz(32388)![]() ![]() You can put this solution on YOUR website! Since you have to pay 41% tax, you would owe, \n" ); document.write( " \n" ); document.write( "an additional $41,000. \n" ); document.write( ". \n" ); document.write( ". \n" ); document.write( ". \n" ); document.write( "If you receive the $41,000 as a gift, won't you have to pay another tax of 41% on that amount too?? \n" ); document.write( " |