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TurboTax does not support IRS Form 709.
Form 709 is not filed with your federal tax return, it is a separate filing that has to be printed and mailed to the IRS using the address in the Form 709 instructions.
Form 709 is the US Gift (and Generation-Skipping Transfer) Tax return Form 709 Gift Tax
Instructions for Form 709 IRS Instructions Form 709
This topic came up on a brokerage chat room. Once a person files the form 709 do they have to file it each following year even though they did not give over 15,000 in subsequent years?
@Contented wrote:
This topic came up on a brokerage chat room. Once a person files the form 709 do they have to file it each following year even though they did not give over 15,000 in subsequent years?
No. It is only filed if a gift was given in that tax year and the gift was greater than the exclusion amount for that tax year.
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