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Tax

How do I file IRS Form 709 (gift tax)?

Quick Answer

File Form 709 by April 15 of the year after a gift if you gave any single person more than the $19,000 annual exclusion in 2025. Most filers owe no tax — excess gifts reduce your lifetime exemption ($13.99M in 2025), not your wallet.

Gift tax annual exclusion and lifetime exemption thresholds.
Warren Team
Updated April 26, 2026
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The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.

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