Title: Are wedding gifts considered a tax write off? [Print this page] Author: Stevyamda Time: 2024-12-2 17:47 Title: Are wedding gifts considered a tax write off? You cannot deduct the value of gifts you make (other than gifts that are deductible charitable contributions). Author: Stevyamda Time: 2024-12-2 20:50
I'm 100% sure that if you’re giving money or a present to the couple, it’s just treated as a personal gift, so there’s no tax benefit for the giver. Similarly, if you’re the one receiving wedding gifts, you don’t need to report them as taxable income.
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