Search found 1 match
- Mon Oct 31, 2022 2:01 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Net Wealth Calculations for Exit Tax
- Replies: 5
- Views: 4803
Re: Net Wealth Calculations for Exit Tax
I have a question related to exit tax net wealth calculations. If you are over the net worth that will trigger the exit tax, what are the best ways to reduce your net worth to be under the maximum? I gather that gifting to your children is a common, tried-and-true way. But if you have kids who haven...