UPDATE: Detroit man who walks 21 miles to work: - given new 2015 Ford Taurus, GofundMe balance $318K

[Liberal_in_LA]

STERLING HEIGHTS, Mich. - The Detroit man who made international news over his difficult daily commute to work won't have to walk anymore.



James Robertson has been given a new car by Suburban Ford of Sterling Heights, Michigan. Robertson picked up the car, a red fully loaded 2015 Ford Taurus, on Friday.

PREVIOUS | Funds pour in for Michigan man who walks 21 miles to, from work

When he picked up the car, Robertson said, "I don't like it, I love it!"

The story of how the 56-year-old Robertson walks 21 miles every day to get to and from work was first reported by the Detroit Free Press . Since then, it has appeared on both national and international news outlets.

It has also led to more than $310,000 in donations to a GoFundMe site for Robertson that was set up by a Wayne State University student.

http://www.theindychannel.com/news/new-car-for-detroit-man-whose-story-of-his-difficult-daily-commute-made-international-headlines

[Cooley Hurd]

1. SWEET ride for a great American!

[sheshe2]

2. I think I have something in my eye.

Beautiful story. All the best to you James.

[msongs]

3. taxable at 50% most likely nt

[Beaverhausen]

4. the gofundme money is also taxable

I think

[Hassin Bin Sober]

5. I'm curious. I thought gifts over a certain amount are taxable to the giver not the recipient.

At least that is what I saw when I looked it up when I had a customer giving $200k to his daughter to buy a house.

I went around and around with this dbag who didn't want to pay gift taxes. For a gift to secure a mortgage we need a gift letter. Not for the IRS but to show the underwriter the money isn't a loan. He didn't want to put the word "gift" anywhere in writing. He just wanted to wire the money to the closing.