Then what is the point of *anyone* with less then $11 million in assets to ever file a 709? AFAIK the 709 is the form that *applies* the exemption, without it then there is not exemption. I believe other code sections actually apply the tax (§2500-2501 possibly).
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
