ptax255
Level 7
03-12-2024
11:41 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Hi, client superfunded child's 529 $75K in 2022. A gift tax return was filed in 2022. Should one be filed for 2023? Per instructions if no other gift was made, there is no need. But being it's for his child is it safe to not file one and assume no other or minimal gifts were made? I'm sure the client isn't tracking the 'other gifts'
Best Answer Click here
Labels