Frequently Asked Questions on Gift Taxes
Who pays the gift tax?
What is considered a gift?
What can be excluded from gifts?
May I deduct gifts on my income tax return?
How many annual exclusions are available?
What if my spouse and I want to give away property that we own together?
What other information do I need to include with the return?
What is "Fair Market Value?"
Whom should I hire to represent me and prepare and file the return?
Do I have to talk to the IRS during an examination?
What if I disagree with the examination proposals?
What if I sell property that has been given to me?
Can a married same sex donor claim the gift tax marital deduction for a transfer to his or her spouse?
How do I Secure Gift Tax Account Information?
Get Gift Tax Account Information For Unknown Years
Get Gift Tax Account Information Using Form 4506-T or Transcript Delivery Service (TDS)
Get a Copy of a Filed Form 709 Using Form 4506