https://www.taxtmi.com/forum/issue?id=117248 The advice states that a gift from a relative is fully exempt, and because a spouse is a relative the transfer from wife to husband can be treated as a gift without creating taxable income for the recipient; a request for the specific statutory citation was made but not answered. en-us Fri, 28 May 2021 11:32:49 +0530 Thu, 23 Jan 2025 15:54:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117248 The advice states that a gift from a relative is fully exempt, and because a spouse is a relative the transfer from wife to husband can be treated as a gift without creating taxable income for the recipient; a request for the specific statutory citation was made but not answered. Discussion-Forum Income Tax Fri, 28 May 2021 11:32:49 +0530 https://www.taxtmi.com/forum/issue?id=117248