The annual gift exclusion is $17,000 in 2023. For married couples, the exclusion is $34,000. As your gift to to your son is within the exclusion limits, you aren't required to file a gift tax return (Form 709). This is so even if you wrote the $34,000 check from a joint account.
Form 709 isn't supported by TurboTax. If needed, form 709 must be filed separately.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
