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[quote=Anonymous]My child is in the planning stage of their wedding scheduled for next fall. My spouse and I have chosen to give X amount toward the costs and the other parents are doing the same. I am leaning towards giving the bride and groom a check so I am not involved in the day to day deposits for venue, flowers etc. Since it is greater than $10K, I assume I should separate the payment into 2021 and 2022 so I don’t get into an IRS gift paperwork. Am I on the right path or should I handle differently? The couple is very budget conscious so I am not concerned about overspending. Just wondering what others have done.[/quote]
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