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Cash and Gift In Kind Donation Form are pleased that you have decided to donate to Cornell Minesweeper. We are excited about any contributions to help further our cause. Donor/Organization Name: ___Key
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What you can give typically refers to the amount an individual is allowed to gift to another individual without incurring gift tax.
Individuals who give gifts that exceed the annual exclusion limit set by the IRS are required to file a gift tax return.
To fill out a gift tax return, complete IRS Form 709, providing details on the recipient, the amount of the gift, and any exclusions that may apply.
The purpose is to report gifts made within a tax year for tax purposes and to ensure compliance with federal gift tax laws.
Report the name of the recipient, the amount of the gift, the date it was given, and any applicable deductions or exclusions.
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