Posts Tagged Mom

If you borrow $19,000 from someone to pay off some credit debt, can you be liable for taxes on this?

credit debt
Anthony S asked:


My mom is giving my sister $19,000 to pay off her credit debt. She will repay her for the next few years on a monthly basis. Can she be liable for some sort of income or gift tax for this?

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6 Comments

My mom wants to help pay my credit card bill but I do all my payments online, what do I do?

pay credit card bill
J-Grass asked:


My mom wants to help pay my credit card bill but I do all my payments online. I have bank of america and usually pay online what what can i do to have her pay online or do i have to make it so they send the statement to my house and she pays it.

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4 Comments

My parents want to help pay my credit card bill but I do all my payments online, what do I do to add them?

pay credit card bill
J-Grass asked:


My mom wants to help pay my credit card bill but I do all my payments online. I have bank of america and usually pay online what what can i do to have her pay online or do i have to make it so they send the statement to my house and she pays it.

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4 Comments