SusanY1
Expert Alumni

Deductions & credits

There isn't any harm in filing the form when below the threshold and it isn't likely to cause any confusion.  If you anticipate that you may received additional gifts before the end of the year, however, you may want to wait and file a single instance of the form in the new year.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"