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Form 709 (Gift Tax)
Sorry for bringing this up again. I've learned a lot in this forum, but still nervous. I've never completed a Form 709 (Gift Tax). The gift is very simple, from myself and my wife, to our son and daughter-in-law. The gift amount exceeds our joint exemption. This is the first time either my wife, or I, have exceeded our annual exemption. I am concerned I might do something wrong filling in the form. Is there anyone available that knows this stuff that can complete the form for us? I don't have an accountant, I have always been able to complete our tax return myself, using TurboTax. Even examples of the completed form, with a similar scenario would help. Thanks everyone.
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‎April 16, 2023
4:37 PM