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Retirement tax questions
I took $26,000 from my ira and had taxes taken out at the time of withdrawal. It was deposited into my bank account. Then wrote a check to my son for the whole amount. Was thinking my wife and I could both give $13,000 each or do just one of us have to claim all of it to the irs? In either case do we need to file form 709?
Thanks for your help,
Jim
‎December 22, 2025
8:22 AM