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GIF T FORM I would like to contribute to these areas of special interest: $ General Support (525201) $ Directors Fund (525416) $ Her barium (525240) $ Horticulture (525405) $ Education (525237) $
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Gift form is a form used to report gifts given to individuals or organizations. It is typically used for tax purposes.
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Individuals or organizations who have given gifts that exceed the annual exclusion amount set by the IRS are required to file gift form.
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Gift form can be filled out manually or electronically. You will need to provide information about the gift giver, recipient, and details of the gift.
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The purpose of gift form is to report gifts given that exceed the annual exclusion amount and may be subject to gift tax.
What information must be reported on gift form?
Information such as the gift giver's identification, recipient's identification, description of the gift, and its value must be reported on gift form.
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