how to fill out schedule A for form 709 gifting
Feb 18, 2025 · Hi All, confused by form 709 re gifting my son on excess of $18,000 gift in 2024. Form 709 asks in part ll tax computation section 1. enter the amount from schedule A , Part 4 , line 11. But …
Can I use Turbo Tax and just send my Form 709 Gift Tax return directly ...
Feb 5, 2025 · I gifted a bit to my daughter and need to fill out a Form 709 - Gift Tax form which TTax does not support. Can I still file with Turbo tax and send that form separately to the IRS, or does …
Does Turbo Tax include form 709? - ttlc.intuit.com
Mar 6, 2025 · If your gift exceeds the yearly limit ($18,000 per individual) imposed by the gift tax rules, then you will need to complete a Form 709 gift tax form and send it to the IRS, although it is very …
Question on entering cash gifts on Schedule A for Form 709
Mar 25, 2025 · Yes, you will need to file Form 709 since your total gifts to one individual exceed the annual exclusion amount of $18,000 for 2024 Regarding Schedule A, you should list each gift …
Solved: can i file a form 709 with my return? - ttlc.intuit.com
Feb 13, 2025 · No. Form 709 is not part of an income tax return. You do not include it with an income tax return. It is a completely separate form that you have to prepare for yourself (or with local paid tax …
Am I Understanding Form 709 And The Gift Tax Rules Correctly?
Mar 7, 2023 · My understanding is that my wife and I must separately file our own form 709 showing our share of the total gift. The 2022 gift amount would be $79,000 from each of us. Both recipients can …
2024 Form 709, Instructions for Part 2, line 7
Jan 27, 2025 · 2024 Form 709, Instructions for Part 2, line 7 I am trying to determine where the dollar amount of $5,389,800 comes from in the instructions for Line 7 of Part II of Form 709. Thanks in …
Form 709 - Intuit
Feb 12, 2024 · If your gift exceeds the yearly limit ($17,000 per individual) imposed by the gift tax rules, then you will need to complete a Form 709 gift tax form and send it to the IRS, although it is very …
form 709 - ttlc.intuit.com
Jan 31, 2025 · Turbotax does not have a gift tax form 709. I can download the form but how can I file it electronically with my other papers? Maybe just mail it in? Turbotax really let me down with this. …
Does turbo tax have the 709 form? - Intuit
Feb 7, 2024 · Hey TurboTax Admin. Why don't you support the filing of form 709? As a download customer that pays money for your product to do my taxes and file electronically, the fact that i now …