709 - TORM - Gift Tax Return (Rev. Feb. 1957) - Calendar Year 1955 and Subsequent Years

Sep 19, 2026

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U.S. Internal Revenue Service Form 709 (TORM), Revised February 1957, provides the Gift Tax Return to be completed for the calendar year in question and filed with the District Director after year-end and no later than the 15th day of the following April. The return captures donor identification and addresses and asks whether certain transfers exceeded $3,000 or were made by listed methods, including trusts, beneficiary income interests, life insurance, and joint tenancy. It includes spouse consent, computation of tax, and Schedule A for total gifts and taxable gift calculations.

LanguageEnglish

CategoryInvoices

FormatPDF

Pages4

Reading Time2 min

AccessFree to download

Calendar year 1

Donor information

Transfer questions (A)

Gifts of husband and wife to third parties (B)

Consent of spouse

Computation of tax

Schedule A—Total gifts during year and computation of taxable gifts

| 709
TORM
(Rev.Feb.1957)
U.S.TREASURY DEPARTMENT
INTERNAL REVENUE SERVICE | UNITED STATES
GIFT TAX RETURN
(Applicable to Calendar Year 1955 and subsequent calendar years)
CALENDAR YEAR 1.------
(To be executed and fled with the Distriet Director of InternalRevenae for the donor's district
AFTER the close of the calendar year and not later than the 15th day of the following April) | | Do not write in space below | | --- | --- | --- | --- | | (Space for use of District Director)
RECEIVED | | | | | | DoNOR(Given name,middle name or initial,surname) | | | | | ADDRESS | | | | | RESIDENCE | CITIZENSHIP | | A.Have you(the donor),during the calendar year indieated above,without an adequate and full consideration in money or money'sworth,made any transfer exeeding $3,000 in value (or regardless of value if a future interest)as follows?(Check whether“Yes”or“No.”) 1.By the creation of a trust □ Yes □ No or the making of additions to a trust previously created □ Yes □ No in either case for the benefit of a person or persons other than yourself,and with respect to which you retained no power to revest thebeneficial title to the property in yourself or to change the beneficiaries or their proportionate benefts;or by relinquishing every suchpower that was retained in a previously created trust.□ Yes □ No 2.By permitting a benefciary,other than yourself,to reeive the income from a trust created by you and with respect to which youretained the power to revest the benefcial title to the property in yourself or to change the benefciaries or their proportionatebenefits.□ Yes□ No 3.By the purchase of a life insurance policy □ Yes□ No or the payment of a premium on a previously isued poliey口Yes □ No,the proceeds of which are in either case payable to abeneficiary other than your estate,and with respect to which you retained no power to revest the economic benefits in yourself oryour estate or to change the beneficiaries or their proportionate benefits;or by relinquishing every such power that was retainedin a previously issued policy.□ Yes□ No 4.By permitting another to withdraw funds from ajoint bank account which were deposited by you.□ Yes □ No 5.By conveying title to another and yourself as joint tenants.□ Yes □ No 6.By conveying title to your spouse and yourself as tenants by the entirety or as joint tenants with right of survivorship.□ Yes □ No If“Yes,”see section 8 of the instructions. 7.By the exercise or release of a power of appointment,except as provided in the Gift Tax Regulations.□ Yes □ No 8.By any other method,direct or indirect.□ Yes □ No If the answer is “Yes”to any of the foregoing,such a transfer(other than the creation of a joint tenancy with your spouse in realproperty with right of survivorship,or addition thereto,which you do not elect to treat as a gift)should be fully disclosed underSchedule A. B.Gifts of husband and wife to third parties.-Do you consent to have the gifts made by both you and your spouse to third partiesduring the calendar year considered as having been made one-half by each of you?□ Yes □No(See section 7 of instructions.)If the answer is“Yes”the following information must be furnished and the consent shown below signed by your spouse. 1.Name of spouse ----------------------------- 2.Were you married during the entire calendar year?□ Yes □ No 3.If the answer to 2 is“No,”check whether □married,□ divorced,or □ widowed.Give date ----- 4.Will a gift tax return for this calendar year be filed by your spouse?□ Yes □ No # CONSENT OF SPOUSE I consent to have the gifts made by both me and my spouse to third parties during the calendar year considered as having been madeone-half by each of us. | Signature of spouse_---------------------
Date _----_. | | | --- | --- | | COMPUTATION OF TAX(See section 18 of instructions) | | | 1.Amount of taxable gifts for year(linej,Schedule A)……

FAQs

When is Form 709 required to be filed for a calendar year?

It must be executed after the close of the calendar year and filed with the District Director of Internal Revenue for the donor’s district not later than the 15th day of the following April.

What transfers require an answer under Section A?

Answer whether, without adequate and full consideration, the donor made transfers exceeding $3,000 in value (or regardless of value for a future interest) via listed methods such as transfers to trusts, permitting beneficiaries to receive trust income, life insurance policy payments, withdrawals from a joint bank account, and certain joint tenancy arrangements.

What is the purpose of the spouse consent section?

It records consent to treat gifts made by both spouses to third parties during the calendar year as having been made one-half by each spouse, and requires the spouse’s information and signature when the consent conditions apply.

Sep 19, 2026

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