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The Called & Gifted Workshop Discovering Gods Call for Your Life and for the World God is calling you to a unique purpose in life, a work of love that only you can do. Discern your spiritual gifts!
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The form is called Form 709 - United States Gift (and Generation-Skipping Transfer) Tax Return.
Individuals who have made gifts exceeding the annual exclusion amount set by the IRS are required to file Form 709.
Form 709 must be completed accurately with details of the gifts made, their value, and any applicable deductions.
The purpose of Form 709 is to report gifts that exceed the annual exclusion amount and to determine any gift tax liability.
The form requires information on the donor, the recipient, the value of the gift, any deductions claimed, and details of any previous gifts made.
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