monetary gift to two grandsons will not exceed lifetime limit
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You file a Form 709 each year your annual limit is exceeded. TurboTax does not support this form, you would need to file this form for 2018 on your own if you again exceeded the ANNUAL limit. If you only exceeded the limit in 2017, there is nothing you need to file for 2018.
You file a Form 709 each year your annual limit is exceeded. TurboTax does not support this form, you would need to file this form for 2018 on your own if you again exceeded the ANNUAL limit. If you only exceeded the limit in 2017, there is nothing you need to file for 2018.
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