Helpfulbox Now Offers Free POS Software for restaurants, kiosk, and any other retails business completely free used windows cashier system or as full blown POS. You will able to print to kitchen, display orders on the kitchen screen, manage inventory, employee, report, customer loyalty offers, employee management, delivery address track and much more, al for free.

Gift tax return form 709

I have never filed this form before. The instructions are a bit hard to decipher. I gave my brother about 200 K in April 2015. I am 64 and he is 67. Neither of us are currently married. Of course I don't want to pay any taxes on it and I understand the lifetime exclusion is 5 million plus for 2015. I want to exclude the whole 200k.. On schedule A do I only need to fill out part 1 and 4 ? It looks like I can skip Schedule B and C correct? Nor prior gifts or spouses to worry about. Do I need to be concerned about Schedule D part 1? Read the instructions and I still don't know what the hell they are talking about. What about part 2 and 3 of schedule D? Don't really want to go to a CPA for just one form if I can help it. Am on fixed income. The money I gave him was $ I inherited. He was left out in the cold but didn't deserve to be. I wanted to make it right. Any help would be appreciated. Peace......
Date: Fri-Apr-1-2016-
Response
0
Go to a cpa - don't want to screw this up. And most laypersons can't do a gift tax return on their own
[d] By: malta
Date: Fri-Apr-1-2016
Response
What is 1 + 100



Helpfulbox Now Offers Free POS Software

for restaurants, kiosk, and any other retails business completely free. It can be used as windows cashier system or as full blown POS. You will able to print to kitchen, display orders on the kitchen screen, manage inventory, employee, report, customer loyalty offers, employee management, delivery address track and much more, all for free.

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