TaxMamas TaxQuips: Tax Quips
Gift to Daughter
April 09, 2012
Today TaxMama® hears from John in the TaxQuips Forum with this quick question. “I gifted monies ($5,000) to my daughter in 2011. How do I account for this in my 1040 filing? What other associated forms need to be included to do this?â€
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Hi Jo
Los Angeles, CA
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