DaveCFP
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Good morning - this is an interesting thread. In part because it has two phases, a mortgage down-payment that has been made and an ongoing monthly payment. It s...
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I'm getting more comfortable with my "No Gift" diagnosis...you paid $200,000 to a mortgage company, right? Please confirm that you did not give your daughter $2...
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If you have a non-deductible TIRA and convert the whole thing to Roth you won't need an 8606...this form is only if you have a mixture of deductible and non-ded...
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It sounds like one or the other of you is making enough income to jump the tax bracket up from 12% to 22% or 24% to 32%. For example, if you're each making 50k ...
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I misread one piece...you're on the deed and mortgage, but you don't occupy the house, it is a house just for her and you're paying the entire monthly note? Goo...
Activity Feed for DaveCFP
- Got Cheered for Re: Required to File Gift Tax Form when Purchasing a Home with our Child?. February 18, 2025 7:04 AM
- Got Cheered for Re: Required to File Gift Tax Form when Purchasing a Home with our Child?. February 18, 2025 7:03 AM
- Posted Re: Required to File Gift Tax Form when Purchasing a Home with our Child? on Get your taxes done using TurboTax. April 14, 2024 6:09 AM
- Posted Re: Required to File Gift Tax Form when Purchasing a Home with our Child? on Get your taxes done using TurboTax. April 13, 2024 2:33 PM
- Got Cheered for Re: Required to File Gift Tax Form when Purchasing a Home with our Child?. April 13, 2024 9:42 AM
- Posted Re: unable to generate form 8606 on Get your taxes done using TurboTax. April 13, 2024 5:20 AM
- Posted Re: took no deductions and also indicated an additional 5K of income, but still 8K short on taxes on Get your taxes done using TurboTax. April 12, 2024 4:42 PM
- Posted Re: Required to File Gift Tax Form when Purchasing a Home with our Child? on Get your taxes done using TurboTax. April 12, 2024 4:17 PM
- Posted Re: Required to File Gift Tax Form when Purchasing a Home with our Child? on Get your taxes done using TurboTax. April 12, 2024 4:08 PM