Information about Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return, including recent updates, related forms, and instructions on how to file.

Apr 14, 2025 · Form 709 is used to report gifts that exceed the annual exclusion. If you’re gifting big, this form matters. Find out how to file it correctly today.

Aug 7, 2025 · In this post, you’ll learn the key details about gift tax rules, who must file, and how to complete Form 709 accurately to comply with IRS requirements. For any transfer of cash or …

Generally, Form 709: U.S. Gift (and Generation-Skipping Transfer) Tax Return is required if any of the following apply: An individual makes one or more gifts to any one person (other than his or …

Dec 5, 2025 · If you made substantial gifts this year, you may need to fill out Form 709. This guide breaks down the steps for reporting gift taxes and how to avoid them.

Dec 6, 2025 · For tax year 2025, any gifts that exceed the lifetime gift tax exclusion limit of $13.99 million are subject to the gift tax, and any gifts over $19,000 must be reported to the IRS via …

This form is essential for ensuring compliance with federal tax laws regarding gifts and transfers. Form 709 must be filed by individuals who make taxable gifts that exceed the annual exclusion …

Learn how to file IRS Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return. Discover gift tax exemptions, filing requirements, and detailed instructions for individuals.

Form 709, also known as the "United States Gift (and Generation-Skipping Transfer) Tax Return," is a tax form used to report gifts that exceed the annual gift tax exclusion and to calculate any …

Form 709, officially known as the United States Gift (and Generation-Skipping Transfer) Tax Return, is a gift tax form used by individuals who make substantial gifts.