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malifam
New Member

When my husband lost his job this year our church gifted us 500$. We have no documentation of this, do we need to claim it somehow?

 
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Carl
Level 15

When my husband lost his job this year our church gifted us 500$. We have no documentation of this, do we need to claim it somehow?

Gifts are not taxable or reportable on any tax return, provided the value of that gift is under $14K in any one tax year. You have nothing to report.

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Carl
Level 15

When my husband lost his job this year our church gifted us 500$. We have no documentation of this, do we need to claim it somehow?

Gifts are not taxable or reportable on any tax return, provided the value of that gift is under $14K in any one tax year. You have nothing to report.

View solution in original post

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