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No, If your spouse is a U.S. citizen, due to the unlimited marital deduction, you can gift any amount to your spouse without incurring any federal gift tax or state gift tax consequences as long as the gift is of a present interest.
Further, the one year time frame is not relevant ... Howevr,
DO understand that this does not preclude the need for your parents to file form 709, Form 709
And finally, all the present interest piece means is that you need to give the property entirely over to your spouse for his or her use, enjoyment and benefit, free from any strings attached.
Here's your reference:
I still don't see you coming into the chat session, so I'll move us to the "Q&A" mode. … Maybe that will help … (We can still continue a dialogue there, just not in real-time chat, as we can here)
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