I plan to give my two kids with some money in 2024 that would exceeds the annual exclusion, so I would need to file the Form 709. After reading through the Form 709 instructions and a lot of papers online, I still could not find how to report two or more donees on Form 709.
Form 709 Schedule A is for one donee as Part 1 total (H column) is the total gift amount for one donee, and will be used on Part 4 to calculate Gift amount after annual exclusion.
It looks like one Schedule A is required for each donee, but I could not find any saying in Form 709 instructions.
Any thought?
Thanks!
