Form 709 2025

form 709 software free Preview on Page 1

See details

4.3 out of 5

180 votes

The document is the Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return for the year 2020. It is used by donors to report gifts made during the calendar year, including details about the donor, donees, and the computation of any applicable gift taxes. The form includes sections for general information, tax computation, and schedules for detailing taxable gifts and generation-skipping transfers.

Here's how it works

01. Edit your form 709 software free online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send form 709 software via email, link, or fax. You can also download it, export it or print it out.

How to easily complete the Form 709 for 2025

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click 'Get Form' to open it in the editor.
Begin with Part 1—General Information. Fill in the donor's first and last name, social security number, and address. Ensure accuracy as this information is crucial for identification.
Continue to lines 11a and 11b to indicate if you have previously filed Form 709. If applicable, provide details about your spouse's gifts in line 12.
Move to Part 2—Tax Computation. Enter amounts from Schedule A as instructed, ensuring all calculations are correct to determine your total taxable gifts.
Review all sections for completeness. Once satisfied, you can print, download, or share the completed form directly from our platform.

Start using our platform today to fill out Form 709 effortlessly and for free!

See more form 709 versions

We've got more versions of the form 709 form. Select the right form 709 version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.4 Satisfied (50 Votes)
2022	4.9 Satisfied (46 Votes)
2021	4.9 Satisfied (24 Votes)
2020	4.3 Satisfied (180 Votes)
2019	4.3 Satisfied (183 Votes)
2018	4.3 Satisfied (183 Votes)
2017	4.2 Satisfied (54 Votes)
2016	4.4 Satisfied (60 Votes)
2015	4 Satisfied (25 Votes)
2014	4 Satisfied (38 Votes)
2013	4.3 Satisfied (55 Votes)
2012	4.1 Satisfied (59 Votes)
2011	4 Satisfied (41 Votes)
2009	4 Satisfied (27 Votes)
2008	4.2 Satisfied (24 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Which of the following entities are required to file form 709?

While individuals, estates, and trusts may be required to file Form 709, corporations are not required to do so. Therefore, the correct entities required to file Form 709, United States Gift Tax Return, are individuals, estates, and trusts.

How much does it cost to prepare a form 709?

The Cost of Tax Preparation Tax FormCost per FormAverage Hourly Fees Form 709 (Gift Tax) $421 $178.29 Form 1041 (Fiduciary) $576 $172.66 Form 1065 (Partnership) $733 $177.29 Form 990 (Exempt Organization) $735 $171.4810 more rows

What are the requirements for gift reporting?

A gift is anything of value for which you have not provided equal or greater consideration to the donor. A gift is reportable if its fair market value is $50 or more. In addition, multiple gifts totaling $50 or more received during the reporting period from a single source must be reported.

What triggers a gift tax return?

The gift tax applies to the transfer by gift of any type of property. You make a gift if you give property (including money), or the use of or income from property, without expecting to receive something of at least equal value in return.

Who needs to file form 709?

Who Must File. In general. If you are a citizen or resident of the United States, you must file a gift tax return (whether or not any tax is ultimately due) in the following situations. If you gave gifts to someone in 2023 totaling more than $17,000 (other than to your spouse), you probably must file Form 709.

form 709 pdf

Form 709 pdf Form 709 instructions IRS Form 709 filled out example Form 709 download Who files Form 709 Form 709 extension Form 706 Can Form 709 be filed electronically

Which of the following situations would require the filing of form 709?

You must file Form 709 if any of the following situations apply to you: You made gifts to individuals exceeding the annual exclusion amount (currently $15,000 per recipient in 2023). You and your spouse are splitting gifts (gifts made by one spouse are treated as made equally by both).

Who must file form 709?

ing to the Internal Revenue Service (IRS), if you gave gifts to an individual in 2023 that total more than $17,000, or more than $18,000 in 2024, you most likely need to file Form 709.

What is the difference between form 709 and 706?

Course Description. Understanding the schedules on two federal forms Form 706 is the Federal Estate Tax Return and Form 709 is the Federal Gift Tax Return as well as the potential pitfalls that can occur in trust administration, is crucial for accurate reporting.