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http://boards.fool.com/form-709-gifts-to-a-gst-trust-29955185.aspx
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| Subject: Form 709 Gifts to a GST Trust | Date: 4/3/2012 10:24 PM | |
| Author: IMBonzi | Number: 115818 of 118611 | |
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I'm finding the instructions to Form 709 devilishly difficult to understand. I made a gift in excess of $13,000 to a GST Trust that continues for lives in being plus 21 years. Should I fill out Schedule A parts 3 and 4? There will be no gift splitting. Assuming no prior gifts, I then skip to Schedule C. Do I just fill out Part 2 on Schedule C? Is there anything else I have to do? Thank you! |
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