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what are the circumstances under which the asset transferred to a spouse is not included in the wealth of tranfrer spouse
Replies (7)
Agreement to leave apart
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if assets transfer in an agreement.
ok thank u..
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ok thank u..
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Any gift to a spouse is not taxable. Since a spouse is included in the definition of a relative, such transfer of property will not come in the transferred taxable income.
thank u..
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