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Gift splitting

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Gift splitting
A technique used to avoid a gift tax in which a large sum of money to be given by two parents to a child is halved and given to the child separately For example, a husband and wife each donate $10,000 to their child rather than one parent donating $20,000.
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Similarly, gifts made by the transferor's spouse for which gift splitting will be elected are reported in the lower half of Part 1, 2 or 3 of Schedule A.
Navigating the revised gift tax return by Smith, Blake T. / The Tax Adviser
2036; gift splitting does not make W "transferor" of half of the property for estate tax purposes.
To split or not to split? That is the question! by Rhine, David S. / The Tax Adviser
Gift splitting requires the filing of a gift tax return, but does not cause a taxable gift to occur.
Income tax vs. gift tax - dependants as donees by Grace, John F. / The Tax Adviser
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