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Level 1
June 1, 2019
Question

I gave a house away as a gift, where do i deduct it

  • June 1, 2019
  • 1 reply
  • 9 views

I gave a house to my son as a gift. Where can I deduct the loss.

1 reply

Level 13
June 1, 2019

Nowhere.

Gifts not deductible on your tax return.