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Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 28084
Experience:  Taxes, Immigration, Labor Relations
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I bought a car cash, and it was put in my girl friends name.

Customer Question

I bought a car cash for 63000, and it was put in my girl friends name. it was bought in 1/5/2015 then in oct 2015 i bought her a car for 20000 that is 83000. we are at odds and she is using the cars and a barginng chip. i would be happy just to file gift tax return or a 1099 and have her get stuck with a tax bill. i am not worried about the cars. m in ca I just want to pass on as as much $ cost as possible to her and walk away
Submitted: 9 months ago.
Category: Tax
Expert:  Lev replied 9 months ago.

Unfortunately - that will not work as you wish...

In the US - the gift is NOT a taxable income for the recipient...

Regardless of the amount.

If that was a gift she would not be responsible for ANY tax liability.

Customer: replied 9 months ago.
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Customer: replied 9 months ago.
Posted by JustAnswer at customer's request) Hello. I would like to request the following Expert Service(s) from you: Live Phone Call. Let me know if you need more information, or send me the service offer(s) so we can proceed.
Expert:  Lev replied 9 months ago.

I send you Offer for the phone conversation as you requested.
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