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Level 1
June 6, 2019
Solved

Where do I claim a gift payoff of a layaway

  • June 6, 2019
  • 2 replies
  • 35 views
a Christmas gift to an unknown party or parties at KMart
Best answer by macuser_22

If you are asking if it is a deduction - no.   Only donations to recognized charitable organizations are deductible.   Gifts to individuals are not deductible.


2 replies

macuser_22
Alumni - Champ
Alumni - Champ
June 6, 2019
What is that?
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
macuser_22
Alumni - Champ
Alumni - Champ
June 6, 2019

If you are asking if it is a deduction - no.   Only donations to recognized charitable organizations are deductible.   Gifts to individuals are not deductible.


**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**