Can gifts to grandchildren's Roth IRA's be deducted?

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No. Gifts given and gifts received are not reported on a tax return.

If the gift given to a single individual is $18,000 or more then you would have to report the gift on IRS Form 709.

Roth IRAs are, by definition, funded with after-tax dollars. This means no one—not even the person who owns the account—gets a tax deduction for contributing to one.

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Can gifts to grandchildren's Roth IRA's be deducted?

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