Form 709 is used to report gifts made during the year that may be subject to federal gift tax or generation-skipping transfer tax. It helps individuals calculate any taxes owed and report transfers of money or property to others.
Form 709 – United States Gift (and Generation-Skipping Transfer) Tax Return
Nazim Khan — Founder & Editor, TechGuruPlus.com
[MBA in Finance]
Nazim Khan has spent over ten years working with Excel, Tally and office documentation in accounts, finance and MIS roles. He has been running TechGuruPlus.com since 2016, where he publishes free editable templates for office work, and the YouTube channel Business Excel. He has trained more than 50,000 people online. Every template on this site is built and checked by him before it is published.