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Video instructions and help with filling out and completing What Form 944 Pr Publication

Instructions and Help about What Form 944 Pr Publication

Hi I'm Maria and I work for the IRS if you gave money or property to someone as a gift you the giver may need to file a federal gift tax return but that's only if your gift was more than a certain dollar limit called the annual exclusion amount the IRS formed 7:09 instructions list the annual exclusion amount for any given tax year if your gift was more than the annual exclusion amount you will probably need to file a gift tax return but you still might not owe any gift tax and there are some gifts that you don't have to report at all you may not need to file a gift tax return if the gift was given to your spouse or a charity or if you paid someone's medical expenses or tuition directly to the facility or the school you can learn more about this and other details by reading publication 559 survivors executives and administrators it has a section on gift taxes to find it go to irs.gov and search publication five five nine Music.

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