G
glm777
Guest
What is the name of your state? Massachusetts
My father passed away in January and my mother wants me to have his 1997 car. It was owned free and clear by my father. Will either she or I have to pay any taxes on this? She is on a fixed income from SS and does not pay income tax. Someone mentioned to her that we might be better off if I just buy it from her for a ridiculously low price (ie: $100) and paying the sales tax on that amount. Any advice will be appreciated.
My father passed away in January and my mother wants me to have his 1997 car. It was owned free and clear by my father. Will either she or I have to pay any taxes on this? She is on a fixed income from SS and does not pay income tax. Someone mentioned to her that we might be better off if I just buy it from her for a ridiculously low price (ie: $100) and paying the sales tax on that amount. Any advice will be appreciated.