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My/our gift of $ is enclosed. Please make check payable to University Prep. Is pledged and will be paid by June 30, 2017, is to be paid by credit card (see below for authorization.) Please designate
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The gift can be of any personal property, real property, or cash.
Individuals who have given a gift valued over a certain amount are required to file a gift tax return.
You can fill out your gift tax return using Form 709 provided by the IRS.
The purpose of the gift tax return is to report gifts made that exceed the annual exclusion amount.
You must report information about the gift, the recipient, and the fair market value of the gift.
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