gift taxes
I gifted my granddaughter money from sale of my condo in 2024, I know I ,,must file a 790 form,my question is what forms will she need to file. Gift was 82k. Thank you
Terry Says
The recipient does not file any form. And there is o tax until your death, and then only if your estate (including gift) is over $13.9 million!
PS. You’re a wonderful grandma!