IRS Form 709

2025 Printable Template

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Form last updated: 03/2024. Please verify this is the current version before use.

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01

Fill out your form

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02

Sign the form

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03

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How to fill out a 709 online?

Follow these steps to complete your 709 form online.

Step 01

Access the form in the PDF editor without uploading anything.

Step 02

Enter your personal information accurately.

Step 03

Detail the gifts given during the year, noting recipients and values.

Step 04

Include information on any generation-skipping transfers.

Step 05

Calculate any deductions or exclusions if relevant.

Step 06

Review the tax computation section for potential gift tax owed.

What is a 709 used for?

Form 709 is used to report transfers subject to federal gift tax and certain generation-skipping transfer taxes. It is necessary for tracking your lifetime gift and estate tax exemptions.

Who needs to fill out a 709 form

Individuals who have made gifts to others that exceed the annual exclusion limit or are subject to generation-skipping transfer taxes.

What is the purpose of Form 709?

Form 709 is used to report gifts that exceed the annual exclusion limit and to allocate lifetime exemptions for gift and estate taxes, as well as to report certain generation-skipping transfers.

When is Form 709 due?

The form is generally due on April 15th of the year following the year in which the gift was made, with an option to request an extension.

Who is exempt from filing Form 709?

You do not need to file if your gifts do not exceed the annual exclusion limit for a single recipient, or if you and your spouse split gifts that stay within the combined limit.

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