Skip to main content
March 13, 2020
Solved

If I had Life Estate Reservation made up in 2019 do I need to file anything with the IRS?

  • March 13, 2020
  • 1 reply
  • 0 views
No text available
Best answer by Anonymous_

You would not have to file anything with the IRS for the transaction other than, possibly, a gift tax return for the value received by the remaindermen.

 

See https://www.irs.gov/instructions/i709#idm140554828371904

1 reply

Employee
March 13, 2020

You would not have to file anything with the IRS for the transaction other than, possibly, a gift tax return for the value received by the remaindermen.

 

See https://www.irs.gov/instructions/i709#idm140554828371904