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Name: Fillable Online Gift of Securities Donation Form 2023 - Charitable Contribution to Michael Garron Hospital Fax Email Print - pdfFiller
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Facilitate your charitable donation to Michael Barron Hospital Foundation through our simple Gift of Securities form. Ensure your tax receipt is processed correctly.

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What is gift of securities donation?

A gift of securities donation refers to the transfer of ownership of stocks or bonds from one individual to another without receiving payment in return, often for charitable purposes.

Who is required to file gift of securities donation?

Individuals who donate securities valued above a certain threshold, or those who are required to report gifts to the IRS, must file a gift of securities donation.

How to fill out gift of securities donation?

To fill out a gift of securities donation, individuals must complete Form 709, including details such as the donor's information, the recipient's information, a description of the securities, their fair market value, and the date of the gift.

What is the purpose of gift of securities donation?

The purpose of a gift of securities donation is to provide financial support to charities or individuals while potentially receiving tax benefits for the donor.

What information must be reported on gift of securities donation?

Information that must be reported includes the donor's name and address, the recipient's name and address, a description of the securities, the fair market value at the time of the gift, and the date the gift was made.

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