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Your gift is an investment in Illinois State University s continued success Step 1. Review your contact information First Name: Address: o I wish for my gift to be confidential. Last Name: o This
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A gift tax return is an IRS tax form that reports gifts made during the tax year.
Individuals who have given gifts exceeding the annual gift tax exclusion amount must file a gift tax return.
You can fill out a gift tax return by using Form 709 provided by the IRS and reporting all gifts made during the tax year.
The purpose of a gift tax return is to report gifts made that exceed the annual exclusion amount and potentially owe gift tax on those gifts.
You must report information about the gifts made, the fair market value of the gifts, and any deductions or exclusions claimed.
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