If you are looking for the instructions for the 2010 gift (and generation-skipping transfer) tax return--Form 709--you will not find them today--at least not in a PDF format. In my blog post on March ...
For 2010, the annual gift exclusion remains $13,000. Under a provision of the 2010 Tax Relief Act, any unified credit allocated to gifts made in prior periods must be redetermined using the current ...
Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, whenever you give something to someone, you have to follow the gift-tax rules.
If you give someone cash or property valued at more than the 2023 annual exclusion limit of $17,000 ($34,000 for married joint filers), you'll have to fill out Form 709 for gift tax purposes. But ...
On March 15, 2011, the Internal Revenue Service released a number of forms, including the gift and generation-skipping transfer tax return for 2010 – Form 709. This table organizes these forms: ...
Most gifts don't require this IRS form, but find out if you're a special case. Most people give gifts all the time without even thinking about the potential tax ramifications. Yet technically, ...