@runamuckretreat wrote:
How do I go about figuring out the current value, and will I need to provide any documentation to the IRS to show the value?
You could use the value reported by Kelly Blue Book, which should be good enough for the IRS:
https://www.kbb.com
If the value exceeds $19,000 for a 2025 gift, then a Form 709 needs to be filed (or if the total value of all gifts from you to your daughter exceeds $19,000 for 2025 a 709 needs to be filed).
https://www.irs.gov/forms-pubs/about-form-709
