Log in

View Full Version : Do I need to file gift taxes?


collegian
Mar 16, 2019, 09:43 PM
Hello,

I had to transfer money to my parents to pay towards my ex-wife's alimony. The amount was greater than the annual exclusion for the year 2018. Do I need to file gift taxes or can I skip it since it was towards alimony?


Thanks.

AtlantaTaxExpert
Mar 17, 2019, 05:13 PM
It is NOT a gift to your parents. They are just acting as your agents to conduit the money to your ex-wife. There are NO taxes due and no gift tax return is needed.

collegian
Mar 17, 2019, 08:20 PM
Thanks! The only reason I was confused was because I paid it in 2018 but my divorce was complete only this year.

AtlantaTaxExpert
Mar 17, 2019, 09:28 PM
No problem!