Business & farm

@mdsd7712 

 

You can expense the item(s), at your cost, as advertising (or other) costs if you bought the item(s) for that purpose.

 

See https://www.irs.gov/newsroom/new-rules-and-limitations-for-depreciation-and-expensing-under-the-tax-...

 

The recipients technically should report the value of the items received on their returns.