My father gifted me money in 2021 which we held in a joint account ... this year he has gifted me more money... into the same joint account. I am now transferring the 2021 and 2022 gift amount into my investment account. So, the total moved in 2022 exceeds the annual exclusion, but not the cumulative. I have records showing when my father deposited the money in our shared account...Since each year was below the annual exclusion ... does my father need to complete a 709? Thank you!
