Answered: Re: FILLING IN FORM 709

jgcpa · ‎03-27-2022

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?

IRonMaN · ‎03-28-2022

With cash gifts I don't think the IRS is going to be knocking on your door if you take that shortcut.

Slava Ukraini!

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IRonMaN · ‎03-28-2022

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 · ‎03-28-2022

I agree. Pick a date and call it done.

Answers are easy. Questions are hard!

FILLING IN FORM 709

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