Budmeister
Level 3
02-02-2024
11:21 AM
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client prepares form 760 each year, this year he gifted only $1,500 to each child, is this years gifts have to be added to his existing accumulated gifting? So are those "under $17,000 gifts" label Not Taxable part of his accumulated lifetime gift amount- and each year a form 760 needs to be filed/
Thanks Joe