What do I have to do to give my Mom my fifth wheel motor home?

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have certificate of title fifth wheel motor home sign on yo mom. either way both end @ dmv finalize transaction correctly.
not tax deduction gift of fifth wheel motor home mom on 1040 federal income tax return. if value of gift more 13000 required file federal tax form 709 united states gift (and generation-skipping transfer) tax return
can use search box @ www.rs.gov website form , instructions.
mom not have report gift irs , have pay income tax on value of gift.

it 16k in 2003 , want sign pink slip on her. have contact dmv first? or fill out pink slip? , can use tax deduction?


Business & Finance Taxes United States Next



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