https://ttlc.intuit.com/community/taxes/discussion/gift-question/01/2791226#M1030437 <P>I gifted $300,000 to my son. &nbsp;What do I do for this to count towards my lifetime estate tax exemption?</P> Tue, 10 Mar 2026 07:00:28 GMT beth32 2026-03-10T07:00:28Z https://ttlc.intuit.com/community/taxes/discussion/gift-question/01/2791226#M1030437 <P>I gifted $300,000 to my son. &nbsp;What do I do for this to count towards my lifetime estate tax exemption?</P> Tue, 10 Mar 2026 07:00:28 GMT https://ttlc.intuit.com/community/taxes/discussion/gift-question/01/2791226#M1030437 beth32 2026-03-10T07:00:28Z https://ttlc.intuit.com/community/taxes/discussion/re-gift-question/01/2791674#M1030438 <P>Hi&nbsp;<a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/5128014">@beth32</a>&nbsp;<BR /><BR />What a wonderful gift!&nbsp; &nbsp;I need a Mom like you <span class="lia-unicode-emoji" title=":grinning_face_with_smiling_eyes:">😄</span>&nbsp;<BR /><BR />You will have to file a gift return, however as long as you have not hit your lifetime limit, $12.06 mill in 2022, then no tax will have to be paid.&nbsp;&nbsp;<BR /><BR />Please see this <A href="https://turbotax.intuit.com/tax-tips/estates/the-gift-tax-made-simple/L5tGWVC8N" target="_self">LINK</A> for more information and a deeper dive in to the gift tax exclusion.&nbsp;<BR /><BR />Thank you for choosing TurboTax!</P> Wed, 16 Nov 2022 18:37:56 GMT https://ttlc.intuit.com/community/taxes/discussion/re-gift-question/01/2791674#M1030438 DavidT0202 2022-11-16T18:37:56Z