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FORM 709 REV 12 1989 UNITED STATES GIFT and GENERATION SKIPPING TRANSFER TAX RETURN Irs

FORM 709 REV 12 1989 UNITED STATES GIFT and GENERATION SKIPPING TRANSFER TAX RETURN Irs

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have you made a gift to someone and are curious how to correctly report it to the irs stay with me and i'll tell you how hi i'm jared with carlin financial group for the best retirement information and to help make sure you don't outlive your money be sure to subscribe to our channel and hit the bell so you'll be notified when we release new videos if you're in the fortunate position of being able to provide a substantial gift to someone else there's a few things you should know now we covered many of the basics in our previous video about gifting in taxes but today we want to take a look specifically at those of you whose gifts will need to be reported to the irs and how to go about it to report a gift to the irs you may have to file what's known as a gift and generation skipping transfer tax return or irs form 709 in this video we'll take another look at who needs or doesn't need to file this form and more about

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