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If it's a gift, does that mean it goes towards your yearly gift tax limit?

You can always give it a shot. Doubt they're going to audit your gifts unless they're in the multiple thousands and even so you have a logical case.

Also note if you exceed the yearly gift tax limit you just file 709 and apply the excess to your lifetime estate limit, currently $12,000,000-ish.

(Federal) gift tax isn't really a thing except for the exceedingly wealthy. Idk about all states