Second conditional would

“If she gives $40,000 to the sibling, $14,000 is the exclusion, which means she’d have to file https://www.irs.gov/pub/irs-pdf/f709.pdf, a gift tax return,” he says. “It’s a taxable gift, but there’s actually no tax due on it.”

Complicated, indeed. Miller explains that in addition to the $14,000 exclusion, there also is a lifetime $5.49 million gift tax exclusion (the same threshold as the estate tax). So the first $14,000 of the $40,000 gift would be covered by the exclusion; the remaining $26,000 would count toward the lifetime exclusion.

It’s a piece of an article. Are the bold woulds in the sentences above second conditional?