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Mark Taylor
Mark Taylor, Certified Public Accountant (CPA)
Category: Finance
Satisfied Customers: 1644
Experience:  Certified Public Accountant
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If I take $50,0000 out of bank and give\it to my daughter

Customer Question

If I take $50,0000 out of bank and give\it to my daughter will I have to pay taxes on that money when I withdraw it
Submitted: 4 months ago.
Category: Finance
Expert:  Mark Taylor replied 4 months ago.

Hi, my name is Mark. I will be happy to help you with your questions. Did the money come from a bank account?