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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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June 4, 2019
8:47 PM
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After you file
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.
June 4, 2019
8:47 PM