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New Member
posted Jun 4, 2019 8:47:32 PM

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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Level 15
Jun 4, 2019 8:47:34 PM

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.