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ProSeries TaxExperience: 14 years
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thank you both gentlemen for your help- and I was incorrect in my question as to the form number- I meant 709.
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Understood but is the $1,500 need to be added to his previous accumulated gifts of say $800,000?Thanks for your time and knowledge
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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 ...
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Is an installment loan interest paid to an estate to purchase a dead owners equity tax deductible on personal return? The principal would be added to basis each...
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Received a rejection of "Duplicate Submission of Taxpayers primary social security number" codeIND-452 - After my double checking, what I submitted is correct. ...