@szbusiness65 ,
(a) if the gifts received were from the same NRA and in the same tax year, then yes , you can total up the amount and report as one line item.
(b) the value of the gift is the dollar value ( FMV ) of the asset. Note that FMV of the asset is only for threshold purposes --- a non-cash gift's basis to you is the same as that of the donor ( which you will need when computing gain/loss at disposal time ).
Does this make sense ?
