Is your marginal tax rate 39.5% ?

You said "my tax rate is very very high", that is your income tax rate (tax on your income in the past year), but not capital gain tax rate (the tax on your investment over prior several years).   If your tax bracket is 35% or lower, your capital gain tax rate is 15%, if your tax bracket is 39.5% (taxable income of $400,000 or more for 2013), your capital gain rate is 20%.  

But yes, you can gift it to your son and have him pay 15% CGT on gains instead of you paying 20%, if your tax bracket is 39.5%.  You'll have to do some paperwork to bypass the gift tax by using unified credit.  Talk to a accountant. 

http://finance.zacks.com/tax-implications-giving-house-child-7953.html

所有跟帖： 

• 谢谢， 学习了！ -xixi2009- ♀ (0 bytes) () 07/02/2014 postreply 12:35:47

• 他儿子假如没有或者很低的income，capital gain rate可能低于15%. 但同时 -如山- ♂ (144 bytes) () 07/02/2014 postreply 13:01:13

• 儿子的 base 不是0 -lexm5- ♀ (272 bytes) () 07/02/2014 postreply 13:42:32

• 这点可能你对。但15%不是一定。那儿子的税有可能低。 -如山- ♂ (0 bytes) () 07/02/2014 postreply 14:38:24

• Thank you lexm5 and 如山. my is 39.5% and his has only 30k income. -meowi- ♀ (370 bytes) () 07/02/2014 postreply 13:57:32

• $100K vs. $200/hr I guess that's how you get to 39.5%... -lexm5- ♀ (317 bytes) () 07/02/2014 postreply 14:11:54

• You are way better than my accountant!thanks. -meowi- ♀ (240 bytes) () 07/02/2014 postreply 14:33:13

• 你的想法是有道理的。CPA同样有知识的局限和考虑你case的深入度。 -如山- ♂ (0 bytes) () 07/02/2014 postreply 14:42:08

• Yes, I found out not all CPAs are the same. Some are even worse -meowi- ♀ (0 bytes) () 07/02/2014 postreply 16:15:42