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I made a cash gift of $85000.00, when and how should I report it to IRS?

when form 709 should be filed?
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5 Replies

I made a cash gift of $85000.00, when and how should I report it to IRS?

See https://www.irs.gov/instructions/i709#en_US_2021_publink16784xd0e827

 

The due date for calendar year 2021 gifts is April 18, 2022.

I made a cash gift of $85000.00, when and how should I report it to IRS?

The Form 709 has to be mailed on or before April 18, 2022 for the gift given in 2021.

 

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

I made a cash gift of $85000.00, when and how should I report it to IRS?

Should Form 709 be filed/mailed together with Form 1040 or separately?

 

I made a cash gift of $85000.00, when and how should I report it to IRS?

I made a cash gift of $85000.00, when and how should I report it to IRS?


@mt_orlovich wrote:

Should Form 709 be filed/mailed together with Form 1040 or separately?

 


It is mailed separately 

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