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.GIFTING OPTIONS
In this brochure we share ideas that may be useful
as you consider your charitable gift plans.
The tax laws intentionally encourage
charitable giving.
Example: If you make a charitable
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How to fill out gifting options
How to fill out gifting options
01
Start by selecting a suitable gift for the recipient.
02
Make sure to gather all the necessary information about the recipient, such as their name, address, and any specific preferences they may have.
03
If you're buying the gift online, proceed to the checkout page and look for the 'gifting options' section.
04
Fill out the recipient's name and address in the designated fields.
05
Some websites may offer additional options such as gift wrapping or personalized messages. Choose these options if desired.
06
Review the filled-out gifting options to ensure accuracy.
07
Complete the transaction and wait for the gift to be delivered to the recipient.
Who needs gifting options?
01
Individuals who want to send gifts to their loved ones on special occasions like birthdays, anniversaries, or holidays.
02
Companies that want to express gratitude to clients, partners, or employees through thoughtful gifts.
03
People attending special events like weddings or baby showers who wish to bring presents.
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What is gifting options?
Gifting options refer to the various choices available for giving gifts to others, such as cash, property, or investments.
Who is required to file gifting options?
Individuals who have given gifts exceeding the annual gift tax exclusion amount are required to file gifting options.
How to fill out gifting options?
To fill out gifting options, you will need to provide details of the gifts given, including the value of the gift and the relationship of the recipient.
What is the purpose of gifting options?
The purpose of gifting options is to report gifts given to others for tax purposes and to determine if any gift tax is owed.
What information must be reported on gifting options?
Information such as the value of the gift, the recipient's name and relationship to the donor, and any exemptions claimed must be reported on gifting options.
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