topic Re: Form 709 in After you file

Form 709

user17615314338 — Wed, 29 Oct 2025 15:11:51 GMT

Do I have to file form 709 at the same time of 1040? Or can I file Form 709 first and then 1040 before April 15? Thank you

Re: Form 709

xmasbaby0 — Wed, 29 Oct 2025 15:23:55 GMT

Form 709 is not part of an income tax return. You do not include it with your Form 1040. And...TurboTax does not support Form 709.

Gifts given to family members, friends or other individuals are not deductible. Gifts received are not taxable to the person who received the gift, and are not entered on a tax return.

If your gift exceeds the yearly limit ($19,000 per individual) imposed by the gift tax rules, then you will need to complete a Form 709 gift tax form and send it to the IRS, although it is very unlikely that you will owe any tax.

TurboTax does not support Form 709. It is not an income tax form and would not be included as part of an income tax return.

Here is a link to the form:

https://www.irs.gov/pub/irs-pdf/f709.pdf

https://turbotax.intuit.com/tax-tips/estates/the-gift-tax-made-simple/L5tGWVC8N

Here's a link for Form 709 preparation software:

https://www.puritas-springs.com/product-category/federal

Here are some useful videos on the Form:

https://www.youtube.com/watch?v=a5wJow5h-No

https://www.youtube.com/watch?v=5Z_28sVOrTY

Re: Form 709

rjs — Wed, 29 Oct 2025 16:40:29 GMT

The following is from the IRS Instructions for Form 709.

When To File

Form 709 is an annual return.

Generally, you must file Form 709 no earlier than January 1, but not later than April 15, of the year after the gift was made. However, in instances when April 15 falls on a Saturday, Sunday, or legal holiday, Form 709 will be due on the next business day.