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GIFT AMOUNT I would like to make a gift to the Clinton Foundation in the amount of $ ABOUT YOUR GIFT Note: CONTACT INFORMATION Select One: Mr. Mrs. Ms. Dr. First Name: Last Name: Organization Name:
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The gift amount refers to the total value of monetary or non-monetary gifts given to an individual or entity during a specific tax year.
Donors who give gifts that exceed the annual exclusion limit must file a gift tax return (Form 709) to report the amount.
To fill out the gift amount, you'll need to complete IRS Form 709 by providing details of the gifts given, including the recipient's information, the value of each gift, and any applicable deductions.
The purpose of reporting gift amounts is to ensure compliance with tax regulations and to track the transfer of wealth to prevent tax evasion.
You must report the names and addresses of recipients, the description of the gifts, their fair market value, and any applicable exclusions or deductions.
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