Tax implications of giving your spouse money to invest - MoneySense
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Tax implications of giving your spouse money to invest - MoneySense
Ask MoneySense You wrote about money that is gifted to a spouse. If that money is used for investing, then the interest may be attributed back to the spouse giving the cash. Did I get that correct? If so, then is there any way to give your spouse money and whatever they do with it is their responsibility? –Jim In some cases, Jim, you can give your spouse money to invest with no adverse tax implications. It is important to be aware of the income …
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