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    harkplumb's Avatar
    harkplumb Posts: 25, Reputation: 1
    New Member
     
    #1

    Feb 27, 2021, 04:40 PM
    Federal Form 709 for Gift Tax
    I need help with filling out Fed Form 709 to report cash gifts that I gave to a brother and sister in 2020.
    I went on line to look at the form and read the instructions but my gosh, what I found was a form the length of a novel and instructions that would require a Philadelphia lawyer to understand.
    Is there anyone out there that makes the idiots guide to filling out what should be a very simple two line form?
    As suggested, I contacted a CPA Tax firm here in town and they told me it would cost $450.00 to fill out this form for me.
    Any ideas where I can go to learn how to do this myself? Is there a book out there titled Federal Form 709 for Idiots?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,818, Reputation: 846
    Senior Tax Expert
     
    #2

    Feb 27, 2021, 06:15 PM
    To my knowledge, there is NO "IRS Form 709 for Idiots"

    However, I will prepare the Form 709 for $200, which is less than HALF as much as the CPA firm wants to charge.

    If interested, email me at [email protected].

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