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re: Kids Buying First Home
Posted on 10/5/23 at 10:23 am to PhiTiger1764
Posted on 10/5/23 at 10:23 am to PhiTiger1764
quote:
Let’s say he wanted to give $50k? All good or no?
All good but the giftor would need to file Form 709 to report $33k to be applied to their lifetime gift exemption.
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