topic Re: Form 709 in Get your taxes done using TurboTax

Form 709

elbon00 — Tue, 24 Feb 2026 03:12:24 GMT

I need to file Form 709 since the $16k tax-free gift limit was exceeded. Since TurboTax does not support Form 709, how do I file it with the IRS in conjunction with e-filing my return through TurboTax? Do I just mail the completed form in separately?

- Thank you

Re: Form 709

xmasbaby0 — Mon, 13 Mar 2023 16:30:06 GMT

Form 709 has nothing to do with your income tax return. You do not file it in "conjunction" with your Form 1040. It is a separate form.

GIFTS

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

Re: Form 709

elbon00 — Mon, 13 Mar 2023 16:31:48 GMT

Appreciate the quick reply. So, I just fill it out and send it in?

Re: Form 709

xmasbaby0 — Mon, 13 Mar 2023 16:47:04 GMT

Correct. But ---- form 709 is not easy.....just a heads up.