jgcpa
Level 4
03-27-2022
10:51 PM
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I am completing form 709 for a mother that gave multiple cash gifts to the son in 2021 that in total is $43000. Do I need to list each gift separately or can I include the total on one line with the last date in 2021?
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IRonMaN
Level 15
03-28-2022
08:43 AM
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With cash gifts I don't think the IRS is going to be knocking on your door if you take that shortcut.
Slava Ukraini!
George4Tacks
Level 15
03-28-2022
08:49 AM
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I agree. Pick a date and call it done.
Answers are easy. Questions are hard!