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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.
Also, if you’re prepping for a wedding and looking to step up your style, you might want to check out some sharp tuxedos here: https://www.gentlemansguru.com/product-category/wedding-tuxedos/




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