Preparing Forms 709: Line by Line (Currently Unavailable)

Author: Arthur Joseph Werner

Tax compliance issues in the gifting of assets are sometimes confusing to practitioners because many lack experience in this area. This course provides you with a practical understanding of the issues involved in the line-by-line preparation of the federal gift tax return (Form 709)

Publication Date: May 2014

Designed For
CPAs, EAs, and attorneys

Topics Covered

• Part 1 — General Information
• Part 2 - Tax Computation
• Schedule A — Computation of Taxable Gifts
• Schedule B — Gifts From Prior Periods
• Schedule C — Deceased Spousal Unused Exclusion (DSUE) Amount
• Schedule D — Computation of Generation Skipping Transfer Tax

Learning Objectives

• Recognize how to prepare Federal Form 709
• Calculate

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None