2025年1月21日 · Information about Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return, including recent updates, related forms, and instructions on how to file. Use Form 709 to report transfers subject to the federal gift and certain GST taxes.

Form 709 is used to report (1) transfers subject to the federal gift and certain GST taxes and to figure the tax, if any, due on those transfers; and (2) allocations of the lifetime GST exemption to property transferred during the transferor's lifetime.

If your spouse disposes (by gift or otherwise) of all or part of the qualifying life income interest, your spouse will be considered to have made a transfer of the entire property that is subject to the gift tax.

2023年12月8日 · IRS Form 709 reports transfers of assets that may be subject to federal gift tax and certain generation-skipping transfer taxes (GSTT). This form reports taxable gifts that you make to others...

Form 709 is the IRS tax form that’s required in certain gift giving situations. Let the experts at H&R Block help you determine when Form 709 should be filed.

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.

2025年1月10日 · The gift tax limit, also known as the gift tax exclusion, is $18,000 for 2024. This amount is the maximum you can give a single person without having to report it to the IRS.

2025年1月14日 · Are you considering giving cash or property to loved ones or others in 2024 or next year, in 2025? Knowing the annual gift tax exclusion can save you money and spare you from filing gift...

A gift tax return is generally not required to be filed if all gifts to various donees do not exceed the annual exclusion amount. In 2025, you can give $19,000 per donee without triggering a reporting requirement; the exclusion amount was $18,000 in 2024. ... Other Updates to Form 709. The layout of Schedule A has changed, with the addition of ...

If you make a taxable gift, you must file Form 709: U.S. Gift (and Generation-Skipping Transfer) Tax Return, which is due April 15 of the following year or the next business day if it falls on a weekend or holiday. Even if you do not owe a gift tax because you have not reached the 2024 $13.61 million limit, you are still required to file this ...