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Spousal theft
Technical topics regarding tax preparation.
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14-Aug-2018 3:30pm
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#1
Nilodop
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Pennsylvania
If a spouse steals a highly appreciated asset from the other spouse, does the thief have income and the other spouse a loss? Or is a theft of that nature a transfer covered by section 1041?
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14-Aug-2018 4:04pm
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#2
Harry Boscoe
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3299
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21-Apr-2014 7:01am
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Near the fridge.
*Spousal theft* is what's offered up in Henny Youngman's immortal:
"Take my wife ... Please."
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14-Aug-2018 3:30pm
