turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

lim7052
Returning Member

Transfer stocks to spouse

I am trying to transfer my stocks including RSU and ESPP to my wife. I am not sure how much I have to pay as tax and how to report it. Could someone can answer my question?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

Transfer stocks to spouse

You need to work with the brokerage that handles the stock plan to make any transfers.

Transfer stocks to spouse

Gifting stock to your spouse is not a taxable event.   Contact the broker to move the stock or retitle the account. 

Carl
Level 15

Transfer stocks to spouse

When a married couple is filing joint and transfers assets from one spouse to the other, that is not a taxable or tax reportable event. At least, not on the federal taxes. There may be exceptions. But I'm not aware of any. As for state taxes,I don't know enough about state taxes among the 37-plus states that tax personal income to make any calls on that.

Transfer stocks to spouse

The filing status of a married couple is irrelevant for determining whether or not a gift tax return (Form 709) is required to be filed for transfers between spouses.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies