income taxes help
 
FREE 32-Page Report:

What IRS form to fill out if gave a $120,000 gift to someone in 1 year?

What IRS form to fill out if gave a $120,000 gift to someone in 1 year? Does the recipient, who is a minor, have to file anything?

Public Comments

  1. Form 709 is required by donor. No form is required by donee.
Powered by Yahoo! Answers