Question:

Does anyone know the law for Kansas on gift taxes on vehicles?

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I am inheriting a vehicle from my grandparents is it better to report it as a gift or that it was sold to me?

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2 ANSWERS


  1. You cannot report it as either, because you need the previous owner to sign the title before you can register a car that was a purchase or a gift.  Since they are dead, they cannot sign.  Therefore, your only way to register the car is to report it as an inheritance.


  2. Inheritance is not subject to either income tax or gift tax.

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