ETax847 Posted February 19, 2020 Report Share Posted February 19, 2020 If a married couple gifted their child 90k in 2019, and plans on making no future gifts, when it comes to filing a gift tax return, is there any benefit to them splitting the gift? If so, do they need to both file a Gift Tax Return? Are there any tax consequences to be aware of if they split the gift or not? Quote Link to comment Share on other sites More sharing options...
ETax847 Posted February 20, 2020 Author Report Share Posted February 20, 2020 My thought is with the gift tax exemption amount being so high, it's a moot point. Agree? Quote Link to comment Share on other sites More sharing options...
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