When Do You Need to Fill out Form 709?

Want to know more about When Do You Need to Fill out Form 709? We break down the key details with clear analysis.

Here is my Form 709, Schedule A, Line B Attachment Form 709, Schedule A, Line B Attachment – Donor made a gift to a Qualified State Tuition Program (a 529 plan). – Total amount contributed $140,000 in 2014.

Do you have to file a Form 709 for a political organization?

You need not file a Form 709 to report these transfers and should not list them on Schedule A of Form 709 if you do file Form 709. Political organizations. The gift tax does not apply to a transfer to a political organization (defined in section 527(e)(1)) for the use of the organization.