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#1
04-21-2005, 06:37 AM
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 Re: Will I have to pay gift tax if I put my house in my wife's n Antoine42 wrote: - quote - > I am in a similar situation, but the parties involved are
Your "friend" will need to file a gift tax return.> NOT married. I live with a friend of mine and we want to > have joint ownership - the house is currently only in his > name. Will he be subject to gift tax if I put my name on > the deed as well? Does anyone know how to calculate the > amount? Probably no tax on it, but filing requirement exists nonetheless. ChEAr$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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04-20-2005, 09:28 PM
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| Re: Will I have to pay gift tax if I put my house in my wife's n I am in a similar situation, but the parties involved are NOT married. I live with a friend of mine and we want to have joint ownership - the house is currently only in his name. Will he be subject to gift tax if I put my name on the deed as well? Does anyone know how to calculate the amount? thanks all! << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
06-30-2003, 06:04 AM
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| Re: Will I have to pay gift tax if I put my house in my wife's name as well? - quote - > I currently own a home where I live with my wife. The home
No> was acquired after marriage but was in my name only. Now, I > would like to make my wife a joint owner. My question is: > will my wife have to pay gift tax? Please, not that we are > both permanent residents, not US citizens. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| gift, house, pay, put, tax, wife |
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