However, although this election may keep you from having to pay tax, you'll still have to file a gift tax return in order to claim it. Other exclusions also keep you from having to file Form 709.

However, although this election may keep you from having to pay tax, you'll still have to file a gift tax return in order to claim it. Other exclusions also keep you from having to file Form 709.

Do I need to file Form 709 for a wedding gift? You only need to file Form 709 if the value of the gift exceeds $19,000 per person (in 2025).

He clarified that the requirement to file Form 709 for super funding may only be necessary once, emphasizing the importance of understanding gifting regulations and potential estate tax liabilities.