Form BOE-58-AH Claim for Reassessment Exclusion for Transfer Between Parent and Child - Sample - California

What Is Form BOE-58-AH?

This is a legal form that was released by the California State Board of Equalization - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is BOE-58-AH?
A: BOE-58-AH is a claim form used in California for reassessment exclusion for transfer between parent and child.

Q: What is the purpose of BOE-58-AH?
A: The purpose of BOE-58-AH is to claim an exclusion from reassessment for property transfers between parents and children in California.

Q: Who can use BOE-58-AH?
A: BOE-58-AH can be used by parents and children in California who are transferring property to each other.

Q: What does the reassessment exclusion mean?
A: The reassessment exclusion means that the property's taxable value will not be adjusted to market value upon transfer between parent and child.

Q: Why is the reassessment exclusion important?
A: The reassessment exclusion is important because it allows parents to transfer property to their children without triggering a higher property tax assessment based on market value.