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FURTHERING A TRADITION OF GRASSROOTS GIVINGMAKE A GIFT GET A GIFT ORDER FORM Contribution Minimums $25 for 1 gift $40 for 2 nightshirt Selection! Organic Strawberry Fruit Spread ! Jerry Jams, Jerry
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Make a gift get refers to the process or documentation required to report gifts given by individuals that exceed the annual exclusion amount set by the IRS.
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Individuals who make gifts exceeding the annual exclusion amount to any person are required to file a make a gift get.
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To fill out a make a gift get, individuals must provide details about the donor, recipient, and the value of the gift, as well as any applicable exemptions or deductions on the designated tax form.
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The purpose of make a gift get is to ensure that the IRS is informed of significant transfers of wealth, which may be subject to gift taxes.
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Information that must be reported includes the names of the donor and recipient, the date of the gift, a description of the property given, and the fair market value of the gift.
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