- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
@Smalto723 wrote:
I've donated $15,000 over the course of the year to a family member. To help out. Can I claim this as a deduction?
Not only can you not claim the gift as a deduction, you may have to file a (Form 709) gift tax return since you exceeded the annual gift exclusion of $15,000 to one individual.
‎August 23, 2019
6:31 PM
1,024 Views