I should have filed a Form 709 with my 2018 return for a gift over $15K. Should this be filed as an amended return or filed some other way since it is only information?

lithtexdude · ‎July 17, 2019

xmasbaby0 · ‎July 17, 2019

Form 709 is not an income tax form and would not have been included with your tax return. TurboTax does not support or provide Form 709.

Money that you receive as a gift is not taxable income to you, and you do not need to report it on your income tax return. Money that you gave as a gift to someone else is not deductible for your taxes.

Turbo Tax does not support the gift tax form 709, but here is a link:

https://www.irs.gov/pub/irs-pdf/f709.pdf

https://turbotax.intuit.com/tax-tips/estates/the-gift-tax-made-simple/L5tGWVC8N

https://www.forbes.com/sites/ashleaebeling/2017/10/19/irs-announces-2018-estate-and-gift-tax-limits-...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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I should have filed a Form 709 with my 2018 return for a gift over $15K. Should this be filed as an amended return or filed some other way since it is only information?