DavidD66
Employee Tax Expert

Get your taxes done using TurboTax

Since the account that held the funds was joint account, you were already an owner of the funds.  Since you already had a joint interest, transferring the funds to an account in your name would not constitute a gift.  You might want to return the funds to the joint account to make sure it does not appear to be a gift.  

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"