Vanessa A
Expert Alumni

Get your taxes done using TurboTax

Yes, you would need to file form 709 for the gift tax.  You gave the gift to her since your name was taken off the deed, she did not give it to you, so you gave her your interest in the house.  

 

I am not sure where the $15,000 came from.  The $22,500 I am assuming is half of the $45,000?

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