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 property …

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.

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 her …

Form 709 must be filed when a donor: Makes a gift that exceeds the annual exclusion amount (for 2025, $19,000 per recipient). Engages in gift splitting with their spouse (combining their gift exclusions). …

Jul 30, 2025 · Filing a gift tax return, Form 709, is not always required—but failing to file when needed could lead to penalties. Let’s break down the essentials so you can determine if you must file Form …

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 Form...

Form 709 helps ensure that any taxable gifts are reported and that the appropriate tax is paid. This form is also used to report generation-skipping transfers (GST), which are gifts made to beneficiaries that …

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 amount or …