Does Turbo Tax include form 709?

Forum|Forum|1 year ago
March 7, 2025
5 replies
76 views

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KrisD15

Level 15

No, TurboTax does not support Form 709 although it should be easy-enough for you to fill out.

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user17748952465

Level 2

The form is ridiculous and very hard to understand. The IRS wants duplicate forms even when married filing jointly. I feel both let down by turbo tax and very upset with every BS lie I hear them advertise about "all forms" and "tax expert" help. I paid to have my taxes done only to be told I had to fill out this crazy from 709 and mail it separately.

Turbo-tax left me no choice but to wing it on IRS form 709. Even google Gemini is unsure of the correct way to file this form!!!

Thanks for Nothing Turbo Tax.

After many years of letting you rip me off for a simple state return I feel it is time for me to start looking elsewhere for a complete tax solution.

DoninGA

Level 15

@user17748952465 Professional tax preparation software and services, rather than standard consumer tax software, are needed to file Form 709 (Gift Tax Return). Key providers that support Form 709 include Drake Tax, TaxSlayer Pro, Intuit ProSeries, Lacerte Tax, Thomson Reuters ONESOURCE, and CCH Axcess Tax.

xmasbaby0

Level 15

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 ($18,000 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

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**