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Get your taxes done using TurboTax
Monies transferred between a married couple is not a reportable transaction. Otherwise, every time one spouse gave the other spouse grocery money, you'd have a bookkeeping nightmare.
The only possible way for such a transaction to be reportable on any tax return, would be if you were filing separate returns, which is the most costly way tax-wise for a married couple to file. But even then, it may not be reportable.
‎June 7, 2019
5:22 PM