1.) If the donor dies in the year in which a gift is made, the gift tax return:
ID: 2560536 • Letter: 1
Question
1.) If the donor dies in the year in which a gift is made, the gift tax return:
A) Is required to be filed six months after the estate tax return (extensions for the estate tax return can be taken into account).
B) Is required to be filed no later than the due date of the estate tax return (including extensions) or the due date of the gift tax return (including extensions), whichever is earlier.
C) Is required to be filed nine months after the estate tax return (extensions for the estate tax return can be taken into account).
D) Is required to be filed three months after the estate tax return (extensions for the estate tax return can be taken into account).
Explanation / Answer
If the donor dies in the year in which a gift is made, the gift tax return:
B)Is required to be filed no later than the due date of the estate tax return (including extensions) or the due date of the gift tax return (including extensions), whichever is earlier.
Explanation : If the donor dies in the year in which a gift is made, the gift tax return than th executor of the estate must file the donor's Form 709 within any of the following date whichever is earliar :
or
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