Destiny Media Tech Inc (DSNY): yes...you are correct..re: to "custodial...

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Destiny Media Tech Inc (DSNY)

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Re: Silverback65 post# 6512

Friday, 12/06/2013 7:12:30 AM

Friday, December 06, 2013 7:12:30 AM

yes...you are correct..re: to "custodial" account...you can always put in as much as you want...the $14k is if you want to label as Gift for IRS purposes...No income tax to the receiver of the gift...otherwise..even with your children = income on what you transfer over the $14K annual gift..

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