Updated September 22, 2026 • Verify current IRS Form 709 instructions.
Preparing a Form 706 or Form 709 return?
Use the free Windows trial to review the estate and gift tax preparation workflow before purchasing.
What Form 709 reports
Form 709 is used to report transfers subject to federal gift tax and certain generation-skipping transfer tax rules, and to allocate lifetime GST exemption to certain lifetime transfers.
Questions to review
- What transfers were made during the calendar year?
- Do any exclusions or exceptions apply under current law?
- Is gift splitting being elected?
- Are prior taxable gifts needed for the current computation?
- Is GST reporting or exemption allocation involved?
Keep prior returns
Prior Forms 709 can become important in future gift-tax years and later estate-tax preparation. Keep complete copies of filed returns and supporting valuation information.
Official sources
Current LawFirmSoftware.com products
Estate and gift tax resources remain available for research, and Form 706 & 709 Estate & Gift Tax Software is now available as a $399 one-time Windows purchase.