Form 709 2014-2025

See details

4 out of 5

38 votes

The document is the 2014 Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return, used by donors to report gifts made during the calendar year. It includes sections for general information about the donor, details of gifts made, tax computation, and schedules for taxable gifts and generation-skipping transfers. The form requires information on donees, gift values, applicable credits, and marital deductions.

Here's how it works

01. Edit your 2014 form 709 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 via email, link, or fax. You can also download it, export it or print it out.

How to change Form 709 2014 online

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 by entering the donor's first and last name, social security number, and legal residence details in the designated fields. Ensure accuracy as this information is crucial for identification.
In Part 1, answer questions regarding previous filings and address changes. If applicable, provide consent for gift splitting with your spouse.
Complete Schedule A by listing all gifts made during 2014. Include details such as donee names, relationships, descriptions of gifts, and values at the date of gift.
Proceed to Part 2 for tax computation. Calculate total taxable gifts and applicable credits based on provided instructions.
Review all entries for accuracy. Once completed, you can print, download, or share the form directly from our platform.

Start using our platform today to fill out Form 709 (2014) easily and for free!

See more form 709 2014 versions

We've got more versions of the form 709 2014 form. Select the right form 709 2014 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.

What amount requires a gift tax return?

The gift tax limit (also known as the gift tax exclusion) is $18,000 for 2024. For married couples, the limit is $18,000 each, for a total of $36,000.

What is required to trigger the federal gift tax?

The gift tax is applicable when you receive nothing in exchange, or receive compensation thats less than the propertys full value. This can include, but isnt limited to: cash.

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.

Do I really need 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.

How does the IRS know if you give a gift?

The primary way the IRS becomes aware of gifts is when you report them on form 709. You are required to report gifts to an individual over $17,000 on this form. This is how the IRS will generally become aware of a gift.

What is a form 709 for inheritance?

Use Form 709 to report: Transfers subject to the federal gift and certain generation-skipping transfer (GST) taxes. Allocation of the lifetime GST exemption to property transferred during the transferors lifetime.

What is the gift exclusion amount for 2014?

The federal annual exclusion rate for gifts stays at $14,000 for 2014 (gifts over 14k to a specific individual eat into the lifetime exemption of $5,340,000 but a person can give as many $14,000 gifts to different people as desired but any gift over $14,000 to one individual in a calendar year eats into the lifetime

Form 709 2014-2025

Here's how it works