Which Of The Following Is A True Statement About The Federal Gift Tax Return (Form 709)?

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Which Of The Following Is A True Statement About The Federal Gift Tax Return (Form 709)?

09)? A. Form 709 is due by the 15th day of the ninth month following the date of the gift. B. Form 709 must be filed if a taxpayer wishes to elect gift splitting. C. Form 709 need not be filed unless a taxpayer's taxable gifts exceed the exemption equivalent. D. Form 709 is due nine months after the death of the decedent. E. None of these is true.
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B. Form 709 must be filed if a taxpayer wishes to elect gift splitting.

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