SGGTX
Level 1
10-14-2020
07:33 PM
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Reporting taxpayer's (and wife's) gift to a trust. The gift was not subject to a Crummey Withdrawal right, so no ability to use annual exclusion for gift to the trust. No annual exclusion amount was entered; however, the software will not remove the $15,000 annual exclusion on Part 4 Taxable Gift Reconciliation. I have tried different things for over an hour. Ideas?
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