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Hello, this is Yong.I have a question to ask. My wife and I have a joint stock account in an online trading firm. We are thinking about open another account in the same firm, but under my wife's name. We ant to transfer all stocks from the joint account to the single account. Is there any tax (federal or state) consequences by doing so? The amount of total stocks value is around 30,000 and we live in Massachusetts.

Your answer will be greatly appreciated!

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