Get Gcvs 2

The Gcvs 2 form, or verified statement of raffle operations, is essential for organizations conducting raffles to report their net profits. This guide provides clear, step-by-step instructions to help you accurately complete the form online.

Follow the steps to successfully complete the Gcvs 2 online.

1. Press the ‘Get Form’ button to download the Gcvs 2 form and open it for editing.
2. Enter the name of your organization in the designated field at the top of the form.
3. Input your organization’s games of chance identification number below the name.
4. Provide the street address, city or town, and zip code for your organization.
5. Fill in the phone number of the organization to facilitate communication.
6. List the date(s) of raffle drawing(s) in the appropriate section.
7. In section A, report your receipts. Start with the number of tickets printed, sold, and unsold, along with the price of each ticket.
8. Calculate ticket receipts by multiplying the number of tickets sold by the ticket price and enter the total.
9. If there were other receipts, include that information in section A2 and sum the total receipts in A3.
10. In section B, document expenditures directly linked to the raffle. Include details such as total value of prizes, tickets, equipment, and other expenses.
11. Calculate the total expenditures by summing all related costs in section B7.
12. Determine the net profit or loss by subtracting total expenditures from total receipts and enter this in section C.
13. Proceed to section D to provide information on the disposition of net proceeds. This includes the unexpended balance from the last report and any interest earned.
14. For sections E and F, detail the prizes awarded and their values. Input the total value of prizes in the provided lines.
15. Complete the declaration section by having the appropriate individuals sign and date the form, ensuring all required signatures are included.
16. Once all sections are completed, you can save your changes, download, print, or share the Gcvs 2 form as needed.

Complete the Gcvs 2 form online today for timely submission and compliance.