Transfer Taxes
- Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return, is used to report estate taxes
- Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return, is used to report gift taxes
Read more about this topic: Form 8850
Famous quotes containing the words transfer and/or taxes:
“No sociologist ... should think himself too good, even in his old age, to make tens of thousands of quite trivial computations in his head and perhaps for months at a time. One cannot with impunity try to transfer this task entirely to mechanical assistants if one wishes to figure something, even though the final result is often small indeed.”
—Max Weber (18641920)
“The contented and economically comfortable have a very discriminating view of government. Nobody is ever indignant about bailing out failed banks and failed savings and loans associations.... But when taxes must be paid for the lower middle class and poor, the government assumes an aspect of wickedness.”
—John Kenneth Galbraith (b. 1908)