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STEP 1My Personal Information(Please print clearly.) Employer: Employee ID#: Last Year's Gift: $ Mr./Mrs./Ms. First Name: M.I.: Last Name: Home Address: City: State: Zip: Home email address: Cell
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What is the last year's gift?
Last year's gift refers to a gift that was given or received during the previous calendar year.
Who is required to file last year's gift?
Individuals who meet the gift tax filing threshold are required to file last year's gift with the IRS.
How to fill out last year's gift?
Last year's gift must be reported on IRS Form 709 and submitted to the IRS along with any applicable taxes.
What is the purpose of last year's gift?
The purpose of last year's gift is to report and pay taxes on any gifts that exceed the annual exclusion amount.
What information must be reported on last year's gift?
Last year's gift must include information such as the value of the gift, the relationship between the donor and the recipient, and any applicable deductions or exclusions.
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