Lukester1980, I did figure it out and one of the things that I learned researching online is if you don’t send in all of the entire pages if I recall correctly, it was 10, IRS likely would kick it out. my issue wasn’t with the gifting in 2024 so much , it was the confusion about inputting a gift to another family member about eight years ago and figuring out where to put that in. interestingly, that was already reported to the IRS on the given tax year, but they wanted it stated again in addition to adding that amount to the total lifetime gifting in excess of the standard exclusion. I’ve heard that the IRS is still on floppy disk computer systems, which if true would seem totally consistent with a typical government agency. After I figured it all out. I went back through the form and all the figures seem to jive and in a bureaucratic way I’m ashamed to say, I understood it>😵💫 one must think like a bureaucrat to interact with a bureaucratic agency., i.e. think counterintuitively. 🤵🏻♂️
