762202

I incorrectly filed a 709 Tax form for a gift from my father for amount of $160,000 snd now the IRS wants $33,000 in taxes from my dad. What about lifetime exclusion?

posted

Connect with an expert

1 Reply

I incorrectly filed a 709 Tax form for a gift from my father for amount of $160,000 snd now the IRS wants $33,000 in taxes from my dad. What about lifetime exclusion?

see irs website form 709 instructions - this is an income tax forum.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post