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 Form 709 1991

1991-2025 Form

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Video instructions and help with filling out and completing Form 709

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Instructions and help about Form 709

Hey what's going on everybody? My name is  Ryan. Today I'm going to be talking about   what happens if you receive gifts. You  know if you receive a bunch of money,   a car, maybe some you know tuition, what happens  when you receive these things, do you have to pay   taxes on them? And what about if you're giving  these things? If you're giving away gifts,   large gifts, large sums of money, large assets  like houses, do you have to pay taxes on them?   We're going to be talking about all that stuff  today but first if you are new here, I would   love if you'd please consider subscribing to my  channel. And if you are already a subscriber,   thanks for joining me back, I really appreciate  you. You are what helps this channel grow and what   helps inspire me to keep putting out content.  All right so what if you are somebody who just   received a bunch of money from maybe your parents  or one of your relatives

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