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GI F T AI D DECL ARATIONBOOST YOUR DONATION BY 25P 20P OF GIFT AID FOR EVERY 1 YOU DONATEGift Aid is reclaimed by the charity from the tax you pay for the current tax year. Your address is needed

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What is gi f t ai?

Form 709, also known as the Gift Tax Return (gi f t ai), is a form that taxpayers use to report gifts made during the tax year that exceed the annual exclusion amount.

Who is required to file gi f t ai?

Any individual who makes a gift to another individual that exceeds the annual exclusion limit must file Form 709.

How to fill out gi f t ai?

To fill out Form 709, provide information about the donor, the recipients, details of the gifts, and any deductions or exclusions applicable, ensuring to follow the instructions provided with the form.

What is the purpose of gi f t ai?

The purpose of Form 709 is to report taxable gifts made during the tax year, ensuring compliance with federal gift tax laws.

What information must be reported on gi f t ai?

Information that must be reported includes details about the donor, recipient, the date and value of gifts, and any applicable exclusions or deductions.

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