https://ttlc.intuit.com/community/taxes/discussion/yes-if-you-gave-gifts-to-someone-in-2017-totaling-more-t/01/735359#M295399 <P>Yes, if you gave gifts to someone in 2017 <B>totaling more than $14,000 (other than to your spouse),</B> you probably must file Form 709. But see Transfers Not Subject to Gift Tax and Gifts to Your Spouse, later, for more information on specific gifts that are not taxable.</P><P>Even then, the gifting will not be taxable until the sum total of all gifts exceeds the lifetime limit of $5,490,000</P><P> </P><P>See the following:</P><P> </P><P> <A href="https://www.irs.gov/pub/irs-pdf/f709.pdf" rel="nofollow" target="_blank"> <B>https://www.irs.gov/pub/irs-pdf/f709.pdf</B> </A> <B></B> </P><P> </P><P> <A href="https://www.irs.gov/pub/irs-pdf/i709.pdf" rel="nofollow" target="_blank"> <B>https://www.irs.gov/pub/irs-pdf/i709.pdf</B> </A> </P><P> <BR /> </P><P> <BR /></P> Thu, 06 Jun 2019 16:39:28 GMT Marketstar 2019-06-06T16:39:28Z https://ttlc.intuit.com/community/taxes/discussion/gave-a-gift-of-14063-22-do-i-need-to-file-form-709-for-the-63-22/01/735354#M295395 Thu, 06 Jun 2019 16:39:26 GMT https://ttlc.intuit.com/community/taxes/discussion/gave-a-gift-of-14063-22-do-i-need-to-file-form-709-for-the-63-22/01/735354#M295395 chrispoitras 2019-06-06T16:39:26Z https://ttlc.intuit.com/community/taxes/discussion/yes-if-you-gave-gifts-to-someone-in-2017-totaling-more-t/01/735359#M295399 <P>Yes, if you gave gifts to someone in 2017 <B>totaling more than $14,000 (other than to your spouse),</B> you probably must file Form 709. But see Transfers Not Subject to Gift Tax and Gifts to Your Spouse, later, for more information on specific gifts that are not taxable.</P><P>Even then, the gifting will not be taxable until the sum total of all gifts exceeds the lifetime limit of $5,490,000</P><P> </P><P>See the following:</P><P> </P><P> <A href="https://www.irs.gov/pub/irs-pdf/f709.pdf" rel="nofollow" target="_blank"> <B>https://www.irs.gov/pub/irs-pdf/f709.pdf</B> </A> <B></B> </P><P> </P><P> <A href="https://www.irs.gov/pub/irs-pdf/i709.pdf" rel="nofollow" target="_blank"> <B>https://www.irs.gov/pub/irs-pdf/i709.pdf</B> </A> </P><P> <BR /> </P><P> <BR /></P> Thu, 06 Jun 2019 16:39:28 GMT https://ttlc.intuit.com/community/taxes/discussion/yes-if-you-gave-gifts-to-someone-in-2017-totaling-more-t/01/735359#M295399 Marketstar 2019-06-06T16:39:28Z