Gift Tax: A Primer
Gift tax is a misunderstood issue as many are unaware of when a reportable gift was incurred. This session looks at 529 contributions, life estates and cash gifts by tying them all together into a Form709.
Objectives
Upon completion of the session, the learner will be able to:
• Recognize a reportable gift
• Describe a life estate with a client
• Construct a Form 709
Details
Kathryn Keane, EA
Instructor:
Level:
Intermediate
Prerequisites:
Basic knowledge of individual taxation and tax planning
Advanced Preparation:
None
Delivery Method:
Group Live
CPE credits Designation Field of study
IRS
2
AFSP
Federal Tax Law Topic
IRS
2
EA
Federal Tax Law Topic
NASBA
2
CPA
Taxes
CTEC
2
CRTP
Federal Tax Law Topic
CFP Board
2
CFP®
Yes
How to Earn CPE
Sessions are first come, first served. Registration is not required for individual sessions. To earn CPE, scan your badge on your way into each session. You do not need to scan on your way out. CPAs will receive an additional form at registration to self-report their time out. We strictly abide by the IRS’ CPE rules and turn badge scanners off ten minutes after each session begins. We cannot award CPE if your badge isn’t scanned.