@jjklug1 wrote:
Need to know how to file the gift tax form if I use the on line electronic turbo tax submission?? Do I mail the form separately??? Thanks, Jim
If you gifted someone over $15,000 in 2021 then you have to report the gift using IRS From 709.
TurboTax does not support Form 709. It is not filed with a federal tax return, it has to be completed, signed, dated and mailed to the IRS on or before April 18, 2022 if you are not filing a Federal Extension Request.
Go to this IRS website for the Form 709 and Instructions - https://www.irs.gov/forms-pubs/about-form-709
