In about 1998, my mother-in-law passed and her apartment was willed to my wife. 6 months later my
wife put the apartment in my daughter?s name. The apartment is located in a foreign country and was
worth about $45,000 when it was transferred to my daughter. Should an IRS form 709 been filed at
that time? If ?Yes?, it was never filed. Does the form 709 handle late filings as described above?
- posted 2 years ago