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2. How to Fill Out Form 709: A Step-by-Step Guide on Reporting ...

   www.aol.com/news/fill-form-709-step-step...

   For tax years 2018 and 2019, you may give someone cash or property valued at up to $15,000 without needing to fill out Form 709. The exclusion applies per person.

3. What Counts Toward the Gift Tax? - AOL

   www.aol.com/finance/counts-toward-gift-tax...

   If you give someone cash or property valued at more than the 2023 annual exclusion limit of $17,000 ($34,000 for married joint filers), you'll have to fill out Form 709 for gift tax purposes. But ...

4. 2024 gift tax rate: What it is, how it works and who has to ...

   www.aol.com/finance/2024-gift-tax-rate-works...

   A single person who gives several gifts of up to $18,000 to different recipients in a year, for example, won’t be impacted by the gift tax and won’t have to file a gift tax declaration.

5. Tax returns in the United States - Wikipedia

   en.wikipedia.org/wiki/Tax_returns_in_the_United...

   Information returns are reports used to transmit information about income, receipts or other matters that may affect tax liabilities. For example, Form W-2 and Form 1099 are used to report on the amount of income that an employer, independent contractor, broker, or other payer pays to a taxpayer.

6. IRS tax forms - Wikipedia

   en.wikipedia.org/wiki/IRS_tax_forms

   As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.

7. Gift tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Gift_tax_in_the_United_States

   A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in return."