Are Your Generous Gifts Setting a Trap?

In 2025, you can gift up to $19,000 per person without triggering the gift tax. For married couples, that doubles to $38,000 per recipient. Exceed this, and you’re required to file IRS Form 709 to report the excess amount, which counts against your $13.99 million lifetime exemption.

But here’s the catch: if you don’t report these gifts properly, the IRS can audit them at any time, even decades later. Without adequate documentation, there’s no statute of limitations.

The Smart Giver’s Dilemma

• Smart givers know the rules and make strategic gifts.

• Smarter givers ensure every gift is documented and reported correctly.

Failing to document gifts properly can lead to unexpected tax liabilities and audits, jeopardizing your estate planning efforts.

MakeItDeductible.ai: Your Documentation Solution

At MakeItDeductible.ai, we help you:

• Track and document gifts in real-time via text or photo.

• Generate audit-ready reports that align with IRS requirements.

• Ensure compliance with annual and lifetime gift tax exclusions.

Don’t let poor documentation undermine your generosity.

👉 Take the XeDuct Score™ – Free Tax Fitness Check

Ensure your gifts are a blessing, not a burden.