Gift tax return

austinbe — Sun, 15 Mar 2020 00:35:07 GMT

Re: Gift tax return

xmasbaby0 — Sun, 15 Mar 2020 00:36:57 GMT

That was not a question--so we do not know what your issue is.

Here's a guess/attempt at providing some information.

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

https://www.forbes.com/sites/ashleaebeling/2017/10/19/irs-announces-2018-estate-and-gift-tax-limits-11-2-million-per-couple/#3226e75d4a4b

Re: Gift tax return

Anonymous — Sun, 15 Mar 2020 00:55:45 GMT

this is an income tax forum. TT does not do gift tax returns.

topic Re: Gift tax return in Get your taxes done using TurboTax

Gift tax return

Re: Gift tax return

Re: Gift tax return