Gift Reporting

Gifts, prizes, awards, rewards, and incentives are considered taxable income and must be reported via the electronic gift reporting workflow by the last business day of the month in which they are given.

gift reporting: process and workflow instructions

Instructions on the overall process of reporting gifts, prizes, and awards, as well as instructions on how to use the gift reporting workflow.

Gift reporting workflow

Workflow that is used to automate the submission of completed Gift, Prize, and Award Acknowledgement Forms to Accounts Payable.

Gift, Prize, and Award Acknowledgement Form

Form that must be completed by all gift, prize, and award recipients