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What is i 2 g?
I-2G stands for Form I-2G, which is a document used to report gifted income to the IRS.
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Individuals who have received gifted income exceeding a certain threshold are required to file Form I-2G with the IRS.
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Form I-2G can be filled out manually or electronically through the IRS website. It requires information about the gifted income received.
What is the purpose of i 2 g?
The purpose of Form I-2G is to report gifted income accurately to the IRS for tax purposes.
What information must be reported on i 2 g?
Form I-2G requires information about the gifted income received, including the amount and source of the gift.
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