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 …

Apr 14, 2025 · Form 709 is used to report gifts you give that exceed the annual gift tax exclusion, which is $18,000 per person for 2025. It doesn’t mean you automatically owe taxes—it’s more …

Aug 7, 2025 · With the IRS closely monitoring gifts that exceed annual exclusion limits, you need to understand when and how to file Form 709. This form helps track your taxable gifts and …

Feb 18, 2025 · For couples splitting gifts, if either spouse makes a gift that exceeds the couple’s combined annual gift tax exclusion, or if each spouse makes gifts that exceed the individual …

Form 709 gift tax reporting with our step-by-step guide & filing instructions. Learn to report, calculate, navigate gift taxes, exemptions with ease.

Jul 9, 2025 · Learn everything about Form 709 – from gift tax exclusions to filing requirements. Get expert step-by-step instructions and avoid common mistakes with our comprehensive guide.

Taxpayers use IRS Form 709 to report gifts. Filing the form with the IRS is the responsibility of the giver, but it’s only required in certain gift giving situations.

Form 709 (2024) Part 3—Indirect Skips and Other Transfers in Trust. Gifts to trusts that are indirect skips as defined under section 2632(c) or to trusts that are currently subject to gift tax …

Oct 7, 2025 · The IRS treats transfers made without equal consideration as gifts and requires reporting on Form 709 when specific conditions are met. For 2025, the annual exclusion is …

Sep 10, 2025 · In summary, Form 709 and Form 706 are about transfer taxes (gift and estate taxes which are unified). Form 709 is for gifts during life, Form 706 is for transfers at death.