What gift transfer documents do I need for a van sale in Ewing, New Jersey?
For a gift transfer van transaction in Ewing, 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 6.625% NJ sales tax on the vehicle's fair market value; Complete Form OS/SS-7 (Universal Title Application); No family gift exemption available — tax applies even between relatives.