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Gift check was deposited on 12/31/2022 and cleared the bank on 1/3/2023. What year should this gift reported on form 709?

 
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MinhT1
Expert Alumni

Gift check was deposited on 12/31/2022 and cleared the bank on 1/3/2023. What year should this gift reported on form 709?

The donee has possession of the check on 12/31/2022, and this is a 2022 gift.

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