DeepSpaceK9
Returning Member

Cash gift returned - Filing 709 Form

I gifted, in 2020, an excess of 15K total for the year.  However, can the recipient returned the last gift of $2500, reducing total amount to 15k.  Do I still need to fill out the 709? 

 

I understand I can give more than 15k without being taxed, however just asking specially to avoid filing out the 709.  Gifts were electronic bank to bank.

 

Thanks!