also since the value would likely be in excess of the annual gift tax exclusion of $18,000 for 2024 you would have to file a gift tax return - Form 709. Turbotax does not do this form. It also has to be a bona fide gift, that is your son keeps the money from the sale. if it gets back to you, the IRS could treat the sale as being made by you and tax it accordingly.
