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  • Re: Can a check received as a gift in December 2020 but not deposited until January 2021 be considered a 2020 tax year gift for exclusion purposes?
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@jts5 wrote:
Can my parents still count the gift towards their 2020 gift tax exclusion.

Yes, under the principle of constructive receipt.

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‎January 7, 2021 10:43 AM
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