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Gus61
Returning Member

I gifted 3 kids $10 k each total 30k. Di need to file form 709 ?

 
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LeeM
New Member

I gifted 3 kids $10 k each total 30k. Di need to file form 709 ?

No, you can gift up to $14,000 per person without having to report it on your taxes or file a Form 709.

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1 Reply
LeeM
New Member

I gifted 3 kids $10 k each total 30k. Di need to file form 709 ?

No, you can gift up to $14,000 per person without having to report it on your taxes or file a Form 709.

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