https://ttlc.intuit.com/community/taxes/discussion/i-gave-a-sizable-financial-gift-to-my-son-in-2016-my-son-says-i-will-need-to-fill-out-a-form-if-this/01/84384#M36010 Sat, 01 Jun 2019 03:16:22 GMT Sooz767 2019-06-01T03:16:22Z https://ttlc.intuit.com/community/taxes/discussion/i-gave-a-sizable-financial-gift-to-my-son-in-2016-my-son-says-i-will-need-to-fill-out-a-form-if-this/01/84384#M36010 Sat, 01 Jun 2019 03:16:22 GMT https://ttlc.intuit.com/community/taxes/discussion/i-gave-a-sizable-financial-gift-to-my-son-in-2016-my-son-says-i-will-need-to-fill-out-a-form-if-this/01/84384#M36010 Sooz767 2019-06-01T03:16:22Z https://ttlc.intuit.com/community/taxes/discussion/if-you-give-more-than-14-000-to-any-one-individual-then/01/84406#M36026 If you give more than $14,000 to any one individual, then you will likely have to file a Form 709 Gift tax form to report the gift. Gifts of more than that amount reduce your lifetime exclusion from estate tax.<BR />Form 709 is not an income tax form and Turbotax does not support it. You can get the form and the instructions for it for free from the IRS web site, at this link:<BR /><A rel="nofollow" target="_blank" href="http://apps.irs.gov/app/picklist/list/formsPublications.html;jsessionid=j6pAih2A4S7pnn+FIt3f7A__?value=709&amp;criteria=formNumber&amp;submitSearch=Find">http://apps.irs.gov/app/picklist/list/formsPublications.html;jsessionid=j6pAih2A4S7pnn+FIt3f7A__?value=709&amp;criteria=formNumber&amp;submitSearch=Find</A> Sat, 01 Jun 2019 03:16:24 GMT https://ttlc.intuit.com/community/taxes/discussion/if-you-give-more-than-14-000-to-any-one-individual-then/01/84406#M36026 jerry2000 2019-06-01T03:16:24Z https://ttlc.intuit.com/community/taxes/discussion/thank-you-for-the-info/01/84413#M36030 Thank you for the info. Sat, 01 Jun 2019 03:16:28 GMT https://ttlc.intuit.com/community/taxes/discussion/thank-you-for-the-info/01/84413#M36030 Sooz767 2019-06-01T03:16:28Z