How do I report cash gifts to a family member? Can't find it with TTax Deluxe.

[Texas Roger · Accepted solution]

You do not report gifts to others on your personal tax return. If the gift was $15,000 or less per person gifted to in 2018, you do not need to do anything. If it was more than that amount, you must file a gift tax form 709 to report the excess amount against your lifetime tax free limit of more than $11 million. TurboTax does not support that form. Here is a link: https://www.irs.gov/pub/irs-pdf/f709.pdf