Jacar 0 Posted June 22, 2020 Report Share Posted June 22, 2020 Pa. Mother sold home in Fl. I am caretaker. Mom giving three of us 48,000. I don’t understand who will owe gift taxes. She already deducted 50;000 from sale of home to my Brother. Selling home for 200,000 less 50,000 to Brother. Can anyone tell me who owes taxes and how much. Thanks again, Jacar Quote Link to post Share on other sites
Harry Seaward 1,357 Posted June 22, 2020 Report Share Posted June 22, 2020 4 hours ago, Jacar said: Mom giving three of us 48,000. Is mom still living? Quote Link to post Share on other sites