You can always give it a shot. Doubt they're going to audit your gifts unless th... | Hacker News

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pbjtime on Oct 8, 2023 | parent | context | favorite | on: How to compete with Patreon

You can always give it a shot. Doubt they're going to audit your gifts unless they're in the multiple thousands and even so you have a logical case.

dmoy on Oct 8, 2023 [–]

Also note if you exceed the yearly gift tax limit you just file 709 and apply the excess to your lifetime estate limit, currently $12,000,000-ish.

(Federal) gift tax isn't really a thing except for the exceedingly wealthy. Idk about all states

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