Gift Reporting Guidelines: Form 709 & Exclusions | FL Estate Lawyer
Автор: SJF Law Group - Probate & Estate Planning
Загружено: 2023-11-30
Просмотров: 364
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In this trust & estate quick tip, Samantha discusses gift reporting. Most gifts require filing Form 709, the federal gift tax return, excluding annual gifts of $18,000 or less. No reporting is needed for such gifts. Gift splitting for spouses is an option, allowing tax-free gifting up to $36,000, but it necessitates a gift tax return.
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