Hi there,
My ex-husband gave me $15,000 and our son $20,000 in cash in 2019. I filled out form 709 and ended up with $900 in taxes (18% of the excess of $15,000 from the gift money of $20,000 to our son). I thought the gift money is covered under the $11.4 million lifetime exemption. I couldn't figure out where I did wrong on form 709.
