SEE-1 - Specialised Returns for Individuals - Section 6.2

Apply gift tax rules including the annual exclusion, unified credit, gift-splitting elections, and educational and medical payment exclusions on Form 709.

Apply gift tax rules on Form 709 using the annual exclusion per donee and the exclusions for direct payments of tuition and medical expenses. Recognise how gift splitting lets married donors treat a gift as made equally by both spouses, and how taxable gifts reduce the unified credit available for estate tax.

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