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Get your taxes done using TurboTax
Thank you so much Bsch4477
I understand from your advice that there are not consequences for gifting to our daughter from separate property and I don't have to prove that it is from separate property.
Sorry one follow up question:
For the amount I gifted so far, would you mind confirming if it is still ok and our daughter/I will not be penalized because I am afraid if that may be considered community property though it is from my separate account and my own salary but still earned during our marriage. Hence my worry.
If it is considered community property, then will there be any consequences that my husband did not submit form 709?
Thanks very much again!
March 30, 2021
10:21 AM