What gift transfer documents do I need for a van sale in Pendleton, Indiana?
For a gift transfer van transaction in Pendleton, you need: Establish fair market value (Kelley Blue Book or comparable); Determine if IRS Form 709 filing is required (value >$18,000 in 2024); Obtain state-specific gift affidavit or complete the gift section on the title; Confirm state sales/use tax exemption eligibility for family gifts; Notarize the bill of sale or gift affidavit if your state requires it; Pay 7% Indiana sales tax on the vehicle's fair market value; Complete State Form 44237 (Application for Certificate of Title); No family gift exemption — sales tax applies regardless of relationship.