Page Title: Gift Box > Proceeds Delivery Confirmation
What you can do on this page:
This page shows the completed delivery of proceeds from a matured gift security. You should print this page for your records. An e-mail message is sent to the gift recipient announcing the transaction.
Proceeds delivered from the Conversion Gift Box automatically purchase a Zero-Percent C of I in the recipient's TreasuryDirect account. Interest income for the recipient is reported to the IRS for the year the proceeds are delivered.
HELPFUL HINT: You'll be given a confirmation number for each non-deliverable gift proceeds delivery. The first character will be "P" for Gift Proceeds Delivery. Each confirmation number will be sequentially designated and never repeated for each account number. Increments build from letters AAAA to numbers 9999 for each confirmation number.