Other financial discussions


@Oz6989 wrote:

My dependent will be the donor NOT the RECEIVER. Thus, is the reason why she has to file the form 709 to IRS.


Then if they gift over $18,000 in 2024 they would be required to file a form 709.

That still does not exclude them from being claimed as a dependent under the Qualifying Relative rules if they meet all the requirements under the rules.