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Ted4
New Member

IN 2017 filed a 709 form, what is my follow up this year

monetary gift to two grandsons will not exceed lifetime limit

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KrisD
Intuit Alumni

IN 2017 filed a 709 form, what is my follow up this year

You file a Form 709 each year your annual limit is exceeded. TurboTax does not support this form, you would need to file this form for 2018 on your own if you again exceeded the ANNUAL limit. If you only exceeded the limit in 2017, there is nothing you need to file for 2018. 

https://www.irs.gov/forms-pubs/about-form-709

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KrisD
Intuit Alumni

IN 2017 filed a 709 form, what is my follow up this year

You file a Form 709 each year your annual limit is exceeded. TurboTax does not support this form, you would need to file this form for 2018 on your own if you again exceeded the ANNUAL limit. If you only exceeded the limit in 2017, there is nothing you need to file for 2018. 

https://www.irs.gov/forms-pubs/about-form-709

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