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April 15, 2024
Question

How to file Form 709 for 2 or more donees?

  • April 15, 2024
  • 1 reply
  • 0 views

I plan to give my two kids with some money in 2024 that would exceeds the annual exclusion, so I would need to file the Form 709. After reading through the Form 709 instructions and a lot of papers online, I still could not find how to report two or more donees on Form 709.

Form 709 Schedule A is for one donee as Part 1 total (H column) is the total gift amount for one donee, and will be used on Part 4 to calculate Gift amount after annual exclusion.

It looks like one Schedule A is required for each donee, but I could not find any saying in Form 709 instructions.

 

Any thought?

Thanks!

1 reply

April 15, 2024

Attach a separate page to the return listing all of the information about each additional donor just as it is on the schedule A.  That is fine.

 

@jliu229 

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