Federal housing law
Instruction 708 — Instructions for Form 708, United States Return of Tax for Gifts and Bequests Received from Covered Expatriates
Federal housing law as enacted — verbatim and citable.
- Edition
- 2026-10-03
- Last updated
- 2026-10-04
- Contents
- 1 chapter · 29 sections
- Jurisdiction
- United States
Contents
▸Instructions for Form 708
Overview▸(December 2025)
Overview- Future Developments
- What’s New
- Photographs of Missing Children
▸General Instructions
Overview- Purpose of Form
- Who Must File
- Exception to Filing Requirement
- When To File
- Extension of Time To File
- Private Delivery Services (PDSs)
- Where To File
- Supplementing Form 708
- Penalties
- Attachments and Supplemental Documents
- Definitions
- Determining Responsibility Under Section 2801
- Liability for and Payment of Section 2801 Tax
- Election by Foreign Trust To Be Treated as a Domestic Trust
- Computing Section 2801 Tax
▸Specific Instructions
Overview- How To Complete Form 708
- Part I—General Information
- Part II—Tax Computation
- Part III—Covered Expatriates
- Part IV—Covered Gifts and Covered Bequests
- Part V—Foreign Gift or Estate Taxes
- Part VI—Section 2801 Ratio for Distributions Received From Foreign Trust
- Part VII—U.S. Agent, Prior Distributions to U.S. Recipients, and Permissible Distributees
- Part VIII—Declaration of Foreign Trustee