https://ttlc.intuit.com/community/taxes/discussion/does-my-father-need-to-file-a-709-gift-tax/01/2790563#M1012191 <DIV class="">My father gifted me money in 2021 which we held in a joint account ... this year he has gifted me more money... into the same joint account. I am now transferring the 2021 and 2022 gift amount into my investment account. So, the total moved in 2022 exceeds the annual exclusion, but not the cumulative. I have records showing when my father deposited the money in our shared account...Since each year was below the annual exclusion ... does my father need to complete a 709?&nbsp; Thank you!</DIV> Tue, 10 Mar 2026 07:05:06 GMT Azenger 2026-03-10T07:05:06Z https://ttlc.intuit.com/community/taxes/discussion/does-my-father-need-to-file-a-709-gift-tax/01/2790563#M1012191 <DIV class="">My father gifted me money in 2021 which we held in a joint account ... this year he has gifted me more money... into the same joint account. I am now transferring the 2021 and 2022 gift amount into my investment account. So, the total moved in 2022 exceeds the annual exclusion, but not the cumulative. I have records showing when my father deposited the money in our shared account...Since each year was below the annual exclusion ... does my father need to complete a 709?&nbsp; Thank you!</DIV> Tue, 10 Mar 2026 07:05:06 GMT https://ttlc.intuit.com/community/taxes/discussion/does-my-father-need-to-file-a-709-gift-tax/01/2790563#M1012191 Azenger 2026-03-10T07:05:06Z https://ttlc.intuit.com/community/taxes/discussion/re-does-my-father-need-to-file-a-709-gift-tax/01/2790567#M1012193 <P>If the amount gifted in 2021 and in 2022 were below the annual exclusion amount for each tax year there is no need to file a Form 709</P> Tue, 15 Nov 2022 23:01:13 GMT https://ttlc.intuit.com/community/taxes/discussion/re-does-my-father-need-to-file-a-709-gift-tax/01/2790567#M1012193 DoninGA 2022-11-15T23:01:13Z