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In order to Gift Aid your donation you must tick the box below: I want to Gift Aid my donation and any donations I make in the future or have made in the past 4 years, to Helen Ark ell Dyslexia Center.
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To gift, one must transfer ownership of an asset to another party without receiving something in return.
Individuals who make gifts that exceed the annual exclusion amount are required to file a gift tax return.
To fill out the gift tax return, individuals can use Form 709 provided by the IRS.
The purpose of filing a gift tax return is to report gifts that exceed the annual exclusion amount and determine if any gift tax is owed.
Individuals must report details of the gifts made, the fair market value of the gifts, and the relationship between the donor and recipient.
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