Questions: 1. 01/01/2024 and 12/31/2024? If YES, please explain in REMARKS on the back of this form. 2. Did the beneficiary continue to live with the same person or in the same household throughout the year? If NO, please explain in REMARKS on the back of this form. 3. Have you paid to your bank or anyone else any of the beneficiary's own funds? If YES, please explain in REMARKS on the back of this form. A. Did you (the payee) decide how the funds were to be spent or invested? If NO, please explain in REMARKS on the back of this form. B. How much of the 11,318 did you save for the beneficiary? Total Amount

 1. 01/01/2024 and 12/31/2024? If YES, please explain in REMARKS on the back of this form.

2. Did the beneficiary continue to live with the same person or in the same household throughout the year? If NO, please explain in REMARKS on the back of this form.

3. Have you paid to your bank or anyone else any of the beneficiary's own funds? If YES, please explain in REMARKS on the back of this form.

A. Did you (the payee) decide how the funds were to be spent or invested?
If NO, please explain in REMARKS on the back of this form.

B. How much of the 11,318 did you save for the beneficiary?

Total Amount
Transcript text: 1. 01/01/2024 and 12/31/2024? If YES, please explain in REMARKS on the back of this form. 2. Did the beneficiary continue to live with the same person or in the same household throughout the year? If NO, please explain in REMARKS on the back of this form. 3. Have you paid to your bank or anyone else any of the beneficiary's own funds? If YES, please explain in REMARKS on the back of this form. A. Did you (the payee) decide how the funds were to be spent or invested? If NO, please explain in REMARKS on the back of this form. B. How much of the $11,318 did you save for the beneficiary? Total Amount $
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Solution

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To address the questions provided, here are the responses and explanations:

  1. 01/01/2024 and 12/31/2024?

    • This question seems to be incomplete or unclear. It might be asking if something specific occurred between these dates. Without additional context, it's challenging to provide a precise answer. Please clarify the question or provide more details.
  2. Did the beneficiary continue to live with the same person or in the same household throughout the year?

    • If YES, no further action is needed.
    • If NO, you need to explain the changes in the REMARKS section on the back of the form. This could include details about when and why the beneficiary moved, and with whom they are currently living.
  3. Have you paid to your bank or anyone else any of the beneficiary's own funds?

    • If YES, you need to explain in the REMARKS section on the back of the form. This explanation should include details about the payments made, to whom, and for what purpose.

A. Did you (the payee) decide how the funds were to be spent or invested?

  • If YES, no further action is needed.
  • If NO, you need to explain in the REMARKS section on the back of the form. This explanation should include who made the decisions regarding the funds and why.

B. How much of the $11,318 did you save for the beneficiary?

  • You need to provide the total amount saved for the beneficiary. This should be a specific dollar amount.

Summary:

  • Ensure to provide clear and detailed explanations in the REMARKS section for any "NO" or "YES" responses that require further information.
  • For question B, specify the exact amount saved out of the $11,318 for the beneficiary.
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