Get the free Stock Gift Information Form - externalaffairs uga

This form is used to provide information related to stock gifts made to the Arch Foundation and UGA Foundation, including donor details, stock transfer information, and brokerage contacts.

How to fill out stock gift information form

How to fill out Stock Gift Information Form

1. Obtain the Stock Gift Information Form from your organization or financial advisor.
2. Fill in your personal details, including your name, address, and contact information.
3. Provide details of the stock being gifted, such as the name of the company, the number of shares, and the stock identification number.
4. Indicate the recipient's information, including their name and relationship to you.
5. Specify the date of the gift and any relevant instructions or notes about the donation.
6. Review the form for accuracy and completeness.
7. Sign and date the form to validate it.
8. Submit the completed form to your organization or designated recipient.

Who needs Stock Gift Information Form?

1. Individuals planning to donate stocks or securities to a nonprofit organization.
2. Donors who want to take advantage of tax benefits associated with charitable donations.
3. Organizations receiving stock gifts to ensure the donation is processed correctly.

People Also Ask about

How to give someone stock as a gift?

If you want to gift stock as a share directly to someone, the easiest way is to do it between your brokerage account (with the share in question bought ahead of time) and the brokerage account of the person with whom you would like to give it to. Then call your broker and provide the necessary info.

How to acknowledge gifts of stock?

A gift of stock is a donation of property. If a charity receives a gift of publicly traded stock, the charity should send the donor an acknowledgement letter that describes the stock (i.e., “Thank you for your donation of 100 shares of XYZ Corporation”) but does not place a monetary value on the shares.

What is the tax form for gifting stocks?

Use Form 709 to report: Transfers subject to the federal gift and certain generation-skipping transfer (GST) taxes. Allocation of the lifetime GST exemption to property transferred during the transferor's lifetime.

Do I have to pay taxes on a gift of stock?

When a person receives a gift of stock, they assume the tax liability on any earnings previously accumulated. On the other hand, they do not have to pay taxes on those profits until they sell the stock.

For pdfFiller’s FAQs

What is Stock Gift Information Form?

The Stock Gift Information Form is a document used to report the details of stock gifts given to individuals or organizations, typically for tax purposes.

Who is required to file Stock Gift Information Form?

Individuals or entities that give stock gifts exceeding a certain value must file the Stock Gift Information Form to comply with tax regulations.

How to fill out Stock Gift Information Form?

To fill out the Stock Gift Information Form, provide details of the donor, recipient, the number of shares gifted, the stock's fair market value on the date of transfer, and any related transaction details.

What is the purpose of Stock Gift Information Form?

The purpose of the Stock Gift Information Form is to document and disclose stock gifts for tax purposes, ensuring compliance with the IRS requirements and to avoid any potential tax liabilities.

What information must be reported on Stock Gift Information Form?

The information that must be reported includes the donor's name and address, recipient's name and address, date of the gift, number of shares gifted, stock description, and fair market value at the time of the gift.