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03-02-2011, 07:20 PM

Jward1

Junior Member

Join Date: Mar 2011

Posts: 1

House sale

Daughter sold her home of which my name was on the deed. I received $5000 profit which I gave her toward the new house she purchased. Do I need to show this as income and how do I show the gift to her

« Can a nonresident alien take the foreign earned income exclusion if that person meets the bona fide resident test or physical presence test? | Rental not for profit? »

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