Filing taxes & Form 709

[tfherring]

My 91 yr old Mother has not filed taxes for the past couple of years because her only income is social security & she hasn't had to pay taxes for years. In 2019 she gifted $330,000 & she needs to file Form 709 for this. Does she also have to file a tax return since she is filing Form 709 or can she just submit the form & not file a tax return?

[DoninGA · Accepted solution]

Gifts given and gifts received are never entered on a tax return.

She only need to file a Form 709 for the gifts given and only if the gift given to a single individual were greater than $15,000.

There will not be any taxes owed on the gifts given if the total of all gifts given by her have been less than $11.4 million.