Form 709 is used to figure and report taxes on transfers of gifts that are subject to federal gift and certain generation-skipping transfer (GST) taxes.
With our fillable Form 709, you can easily enter the required information online. Afterwards, save the filled-out document to your device and submit it to the IRS.
Form 709 is used to figure and report taxes on transfers of gifts that are subject to federal gift and certain generation-skipping transfer (GST) taxes.
With our fillable Form 709, you can easily enter the required information online. Afterwards, save the filled-out document to your device and submit it to the IRS.
Step 1: Open the blank Form 709.
Step 2: Enter your basic information in Part I.
Step 3: Complete Schedule A with the details about your gifts, the donee, and each gift’s value.
Step 4: Calculate the taxes you owe using this information and complete Part II according to the Form 709 instructions.
Step 5: Fill out Schedules B, C, and D, if applicable.
Step 6: Download and sign the form.
Form 709 is used to figure and report gift transfers when those gifts are subject to a federal or generation-skipping transfer tax. For each year, there is a specific value that is taxed; in 2025, this exclusion is $19,000 per recipient. Gifts over this amount generally require Form 709 and may apply against the lifetime gift and estate tax exemption.
Citizens or residents of the U.S. who transfer gifts with a value that exceeds $19,000 must file Form 709, unless the transfer was made to their spouse. There are certain exceptions to this rule; for instance, some gift transfers are taxable, even if the value is under $19,000.
Form 709 is due on April 15th of the year after the gift was made, unless it falls on the weekend or a national holiday. In that case, the deadline is moved to the next business day.
Penalties for not submitting Form 709 may include failure-to-file and failure-to-pay fees. The former is 5% of the unpaid tax for each month the document is late, while the latter is 0.5% of the same tax per month. If both apply at the same time, they are combined into 5% for the first five months.
You should file Form 709 with the IRS, either electronically or by mail. If you opt for the latter, you can find the designated addresses on the official website.
You can get a blank Form 709 from pdf.net or from the official IRS website. In both cases, you can easily open the document in our editor to complete it and prepare it for submission.
You can submit Form 709 electronically instead of on paper, and you are encouraged to do so, as your document will arrive faster and, therefore, might be processed more quickly.
If your Form 709 is missing information, you’re likely to receive a notice from the IRS asking you to send an amended form. This is easy to do; file a new Form 709, but check the amended return box as directed in the form instructions. Still, to avoid this altogether, it’s best to cross-check your document with a Form 709 example to make sure everything is in place.
You can fill out your Form 709 online with pdf.net. by typing the information directly in the empty slots. Then, you can download it to submit it electronically or print it.
Form 709, the gift tax return, is free to view and edit, but not to download; if you want to save it to your device, you need to purchase a subscription plan.
You can correct mistakes on Form 709 by submitting an amended form, as described above. Consider also attaching a statement to explain precisely what changes you’ve made to the document.
If you forgot to file Form 709, you should do so as soon as possible to avoid additional penalties and interest. Depending on how late you are, you may be required to pay some on top of the tax you owe.
The difference between Form 709 and 706 is that the former is used to report and figure taxes on gift transfers and particular types of generation-skipping transfers, while the latter is used for estate taxes and GSTs imposed on direct skips.