My parents gifted a lake house to myself and spouse, and to my sister and her husband. They filed the quitclaim deed, and now we're ready to help them fill out the 709 form. In Schedule A, do we need list out each family member on a separate row? And then split the gift (value of the home) 4 ways? I can't find any examples of this, but it seems like the best way to do it, rather than including everyone on the same row. Thank you.
