GotNoName
Returning Member

Get your taxes done using TurboTax

Thanks for all the reply's. Got this finally figured out and for completed. Found a tutorial on U-Tube that was excellent and easy to follow. The only thing I want to add here is the lifetime exemption is 4,625,800.00 not the 11,700,00 million number. This is on the next page, page 20, in the top left column just below the table for gift tax calculation. I had to read the instructions form a few times before I felt that I understood all the legal BS in the instructions form. If I gift again, I see that will require the resurrection of the filled-out form and a little more work will be needed the next time. Always keep gift under 15K is a lesson learned if you want to keep taxes simple.