You are such an expert on this! Can you please help me with my question? In year 2021, I transferred my company's RSU to my daughter's account as gift. The transferred RSU market value on that day was $28000. I figured half shall be counted from me and half from my husband and therefore $28000 is below the $30000 of IRS limit for year 2021. Therefore, I did not file form709 for year 2021. I did the same thing for year 2022($30000 worth of RSU) and year 2023($32000 worth of RSU).
Now I'm preparing to file tax for year 2023 and suddenly learned about form 709 for Gift Splitting regardless of the gift amount. Now I'm panic: shall I file form 709 for gift splitting for year 2021 and 2022 before I move on for year 2023? How shall I operate? Is it too late to file gift splitting for year 2021? Thank you so much in advance!
