May 18, 2004
Mr. Ed Mikesell
Internal Revenue Service
Tax Forms and Publications Division
1111 Constitution Avenue, NW
Room 5244 IR (W: CAR: MP: FP: F: R)
Dear Mr. Mikesell:
As a follow-up to our November 10, 2003 meeting with you and several phone conversations over the past year, we are enclosing the preliminary draft of our suggested changes to the instructions to the Form 709, Gift (and Generation-Skipping Transfer) Tax Return, and Schedules A and C. A task force under the AICPA Trust, Estate, and Gift Tax Technical Resource Panel developed these preliminary draft suggestions to address clarifications in the instructions to the form, primarily for the 2001 legislative change regarding the GST exemption allocation.
We welcome comments from you and others within the IRS on these suggestions. We will be meeting on June 10, 2004 or June 11, 2004, and can discuss this further with you by conference call on either of those days if you are available. In the meantime, feel free to contact me at 817-252-4284.
Very truly yours,
Blake T. Smith, CPA
Chair, AICPA Form 709 Task Force