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Get your taxes done using TurboTax
No.
As long as you can show your intent that the gift was for both of your parents, each parent would be able to receive $15,000 each from you without generating any need for a gift tax return. Therefore, you are still good as the total gift of $18,000 would still be $9,000 per parent.
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March 9, 2020
3:10 PM