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Your gift of an auction item provides a critical lifeline of hope, healing and recovery! Do you know someone with a brain injury? You probably do because. . . In the U.S., a stroke happens every 40
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Your gift of an is any donation or transfer of property that you give or receive without receiving something of equal value in return.
Individuals who have given or received gifts of a certain value are required to file a gift tax return with the IRS.
You can fill out your gift of an by using Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return, provided by the IRS.
The purpose of your gift of an is to keep track of gifts given or received in order to determine if gift tax is owed.
You must report the value of the gift, the date it was given, and information about the recipient on your gift tax return.
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