- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Yes, you can make this gift of equity.
Gifts are not taxable for the recipients and not deductible for the giver.
As you are making the gift to a couple ($15.000 each), you would not have to file a gift tax return either. The gift exclusion for 2018 is $15,000 per recipient.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎June 4, 2019
6:12 PM