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What is make your gift?
Make Your Gift refers to the process of formally documenting gifts given by individuals that may be subject to federal gift tax regulations.
Who is required to file make your gift?
Individuals who give gifts that exceed the annual exclusion amount set by the IRS must file make your gift.
How to fill out make your gift?
Make Your Gift is filled out using IRS Form 709, which requires details about the donor, the recipient, and the value of the gifts given.
What is the purpose of make your gift?
The purpose of Make Your Gift is to report taxable gifts and to ensure compliance with federal gift tax laws.
What information must be reported on make your gift?
Make Your Gift must report details such as the name and address of the donor and recipient, the value of the gift, and the date of the gift.
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