How to handle a gift
In 2022, my wife and I gave my son $74,000 for a house downpayment. I know I have a lifetime exclusion that far exceeds that, but do I need to file a form for this gift and how do I do that on my Deluxe Turbotax?
In 2022, my wife and I gave my son $74,000 for a house downpayment. I know I have a lifetime exclusion that far exceeds that, but do I need to file a form for this gift and how do I do that on my Deluxe Turbotax?
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