EA Part 1 · Specialized Returns for Individuals · Free Lesson

Gift Tax, GST, and Form 709

Free IRS Enrolled Agent SEE Part 1 (Individuals) lesson in Specialized Returns for Individuals. 18 min read, ~2,629 words.

Your client and her husband want to give $50,000 to each of their three adult children plus $30,000 to a grandchild whose mother is still living. You need to decide whether gift tax is owed, whether Form 709 is required, and whether the grandchild's check triggers GST.

Gift tax is a transfer tax on the donor for gratuitous lifetime transfers. The donee never pays. A gift exists when property moves for less than full and adequate consideration, with donative intent and completed delivery. The transfer must be complete (donor surrendered dominion and control). Incomplete transfers (revocable trusts, retained powers) become gifts only when control is released.

Statutory exclusions from gift treatment:

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Common mistakes

Bottom line

Exam shortcut

"Is Form 709 required?" Check four triggers: gift above $19,000 to one donee, gift-splitting election, future interest of any amount, or GST allocation. Any one trigger means file. Married couple gives a non-spouse donee in 2025: gift-splitting almost always wins. $38,000 sheltered per donee and two 709s required. Skip-person test: count generations from the donor. Two or more down equals skip.

The full lesson (about 2,629 words, 18 min read) adds 2 worked examples, all 6 common mistakes, a self-check, free in the app.

Learning objectives

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