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(may differ from Donor name/b). Thank you for supporting the Storm Stomp BR Scholarship Benefit. STORM STOMP b2015/b. Helping our Peers. One Player at a BR Time!
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Gift Tax Return (Form 709) is a tax form used to report gifts that exceed the annual exclusion amount.
Any individual who gives a gift worth more than the annual exclusion amount must file Gift Tax Return (Form 709).
Gift Tax Return (Form 709) can be filled out manually or electronically using the IRS website or tax software.
The purpose of Gift Tax Return (Form 709) is to report gifts that exceed the annual exclusion amount and possibly owe gift tax.
Gift Tax Return (Form 709) requires reporting details of the gifts given, their value, any exemptions claimed, and calculations of gift tax owed.
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