The Internal Revenue Service has posted a final version of the form and instructions for the 2010 gift tax and generation-skipping transfer tax.

Form 709 and its associated instructions were posted on Friday by the IRS, according to the Journal of Accountancy. The delay in posting the form was due to the late passage last December of the legislation extending the Bush era tax rates, which affected estate taxes, gift taxes and other tax provisions.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access