I have rental property and in the title are boss name: my wife and mine. By now I use to put income of this property on my tax return. My wife lost a job. Could I now put the rental income of the property on her tax return?
Thanks everybody for reply.
Bob
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Rental income transfer to spouse. rental income
#2
Posted 29 January 2012 - 09:30 PM
dojcin2000, on 29 January 2012 - 11:59 AM, said:
I have rental property and in the title are boss name: my wife and mine. By now I use to put income of this property on my tax return. My wife lost a job. Could I now put the rental income of the property on her tax return?
Thanks everybody for reply.
Bob
Thanks everybody for reply.
Bob
You appear to have accidentally posted your question on the Profile software forum. Please follow the links to the Turbotax forum.
(Always take care in following posted "tax advice", though, which is often wrong, and sometimes illegal).
However, if you want my opinion, you should have your professional Accountant review for you not only this years tax information, but also check the past year's tax information. You seem to be trying to do it improperly both now and in the past.
#3
Posted 30 January 2012 - 02:06 AM
Here is a link to the TurboTax forums https://turbotax.com...botaxonline.ca/
Here is a link to IT511 http://www.cra-arc.g...11r/README.html
If you feel that you are in the correct forum, you should be able to read and understand IT511. If not, the TurboTax forums would be a better place to ask your question.
Here is a link to IT511 http://www.cra-arc.g...11r/README.html
If you feel that you are in the correct forum, you should be able to read and understand IT511. If not, the TurboTax forums would be a better place to ask your question.
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