Need a little help with gift tax. My wife and I gave my son $100K for house down payment in late 2023. I have exceeded the $34,000 my wife and I can give to my son. I have several questions:
1.When do I fill out IRS Form 709? Fill out when I fill out my 2023 taxes?
2. Does Turbo Tax support this?
3. Do I need to fill out Form 709 separate from my regular return?
Thanks
