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Level 2
June 8, 2021
Question

Charity gifts - 709 Form

  • June 8, 2021
  • 1 reply
  • 8 views

I understand that if required to file a 709 Gift Tax form the IRS requires the taxpayer to include all gifts to charities on the return.  

Do I need to add every single charitable organization I donated to (as a donee)? Or would it be okay to add one (just one donee) with the a description that read "Charitable contributions made" or "Charitable gifts". 

 

Thanks!

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1 reply

sjrcpa
Level 15
June 8, 2021

I believe it's all gifts to charities that are over the annual exclusion amount. Then you do need to list each charity as a donee.

The more I know the more I don’t know.