Married filing jointly, my wife (a US CItizen) has made a gift to her sister for over $30k in 2020. We do not expect to get anywhere close to the $11.58M gifting maximum.
Are there any issues to be careful about with form 709 in this simple case? I've heard all sorts of stories about getting it wrong?
IRS Form 709 for gift to sibling in UK
-
- Posts: 200
- Joined: Sun Jul 14, 2019 11:02 am
- Location: Virginia