Form 709 (Gift Tax Return) for 2020

Form 709 (Gift Tax Return) for 2020

April, 15th, 2021

IRS Form 709 is used to report taxable gifts you might make during your lifetime. You should file for any year in which you make a taxable gift, although the (IRC) Internal Revenue Code is set up with numerous exclusions and options. It's possible you might not actually owe a gift tax.

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