Id like to know if there is such a thing as a one time gift to a spouse.($60,000) & where do I get the information or forms for this?
A One Time Tax Free Gift For A Spouse Up To ($60,000). Is This True?
According to the IRS, gifts to spouses are not taxed. You can give anyone a gift up to $12,000/year with no tax for the recipient.
Link: IRS tax code
Link: IRS tax code