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ANNUAL FUND GIFT FOREDOOM INFORMATION Enclosed is my gift of:$ to support the Annual Fund at Miles College. This is a: Onetime gift Recurring Gift. Charge my credit card $ on the of each month. Name:
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This is a financial form used to report gifts that can either be a one-time payment or recurring contributions.
Individuals who make gifts that exceed the annual exclusion limit are required to file this form.
To fill out the form, one must provide their personal information, details of the recipient, the amount of the gift, and frequency of the gift if it is recurring.
The purpose of the form is to report taxable gifts to the IRS for proper tax accounting and compliance.
Information that must be reported includes the donor's details, recipient's details, gift amount, date of the gift, and if applicable, the frequency of recurring gifts.
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