Form 709 2015-2025

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  1. Click 'Get Form' to open it in the editor.
  2. Begin with Part 1—General Information. Fill in the donor's first name, last name, and social security number. Ensure your address is accurate, including city, state, and ZIP code.
  3. Indicate your citizenship status and whether you have extended the time to file. If applicable, provide details about any previous Form 709 filings.
  4. Complete Schedule A for taxable gifts. List each donee's information along with the description and value of each gift.
  5. Proceed to Part 2—Tax Computation. Calculate total taxable gifts and applicable credits as instructed.
  6. Review all entries for accuracy before finalizing your form. You can print, download, or share the completed form directly from our platform.

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So, regarding cash gift taxes and gift reporting, gift tax is generally not an issue for most people who are the recipients of gifts, even large monetary ones. The person who makes the gift files the gift tax return, if necessary, and pays any tax.
Who Needs to File Form 709? You need to file Form 709 if, in any tax year, you: Gave gifts exceeding the annual exclusion amount ($19,000 in 2025). Gave property transferred to a person more than once in a year that cumulatively exceeded the exclusion.
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 2024 totaling more than $18,000 (other than to your spouse), you probably must file Form 709.
The annual gift exclusion for 2015 remains at $14,000. See Annual Exclusion, later. For gifts made to spouses who are not U.S. citizens, the annual exclusion has increased to $147,000. See Nonresidents not Citizens of the United States, later.
Form 709 is used to report transfers subject to the Federal gift and certain generation-skipping transfer (GST) taxes, and to figure the tax, if any, due on those transfers.

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Gifts to Spouse Typically, a Form 709 will not need to be filed to record gifts to a spouse. Gifts to a spouse are not subject to federal gift tax provided that the spouse is a U.S. citizen. Between U.S. citizen spouses, gifts of both present and future interests qualify for the unlimited marital deduction.
You do not need to file a gift tax return or pay gift taxes if your gift is under the annual gift tax exclusion amount per person ($17,000 in 2023). If you do exceed that amount, you dont necessarily need to pay the gift tax.
Not reporting Form 709 has unintended consequences. If the IRS discovers years down the road, you may have to pay retroactive interest and penalties. Even worse, the statute of limitations doesnt trigger until you fileso the IRS may audit past gifts indefinitely.

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