Form 709 Gift Tax Return – Sample Filing for the 2023 Tax Year
Form 709 is an annual federal gift tax return filed by individuals who make reportable gifts during the year. This sample Form 709 covers a simple cash gift for the 2023 tax year.
Form 709 Gift Tax Return – Sample Filing for Gift of Real Property Assets
Form 709 is an annual federal gift tax return filed by individuals. This sample Form 709 covers a scenario where a taxpayer gifts real property assets which must be disclosed on Form 709.
Form 709 Gift Tax Return – Reporting the Gift of Publicly Traded Stocks
The IRS Form 709 is an annual federal gift tax return that must be filed by all persons with reportable gifts. This example covers a scenario where an individual gifts publicly traded stock which is reported on Form 709.
IRS Form 709 Gift Tax Return – Contributions to Section 529 Savings Plans
The Form 709 gift tax return is generally required when a person makes taxable gifts during the year. This example Form 709 covers how to report Section 529 plan contributions.
IRS Form 709 Gift Tax Return – Reporting Charitable Contributions
The Form 709 gift tax return is required when U.S. persons make taxable gifts during the year. In general, charitable contributions do not have to be reported. However, disclosure is required if the taxpayer was otherwise required to file Form 709.
IRS Form 709 – Gift Splitting for a Married Couple
The IRS Form 709 gift tax return is filed by taxpayers that make reportable gifts during the year. This example Form 709 looks at gifts made by married couples that make the gift splitting election.
IRS Form 709 Gift Tax Return – Reconciliation of Prior Period Gifts
The IRS Form 709 gift tax return must be filed by individuals that make reportable gifts during the tax year. This article and video tutorial cover Form 709 that reconciles gifts from prior tax years.
IRS Form 3520 – Gifts from Foreign Corporations
Gifts from foreign corporations made to U.S. persons may be reportable on a Form 3520. This article and video tutorial cover a sample Form 3520 for a gift made by a Cayman Corporation.
Are Father’s Day Gifts Taxable?
Federal tax rules require individuals to report taxable gifts made during the year on a Form 709 Gift Tax Return. So, does a fathers day gift count under this rule?
What is the Generation Skipping Tax (GST) – Basic Introduction
U.S. persons that make gifts must be mindful of the federal gift taxes and generation skipping tax. This article discusses the basics of GST.