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    Halk1's Avatar
    Halk1 Posts: 1, Reputation: 1
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    #1

    Jan 31, 2013, 03:17 PM
    My husband who lives overseas is gifting me $150k . We file separate returns.What are
    My husband who lives overseas is gifting me $150k . We file separate returns, as he is not a citizen , I am. What are the tax consequences and forms?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Jan 31, 2013, 04:42 PM
    There is no gift taxes between spouses, and no income taxes are due.
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