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by banshee2005
Mon Oct 31, 2022 2:01 pm
Forum: Canada / United States Tax & Accounting
Topic: Net Wealth Calculations for Exit Tax
Replies: 5
Views: 4809

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...