https://ttlc.intuit.com/community/taxes/discussion/can-gifting-to-children-in-early-2017-be-counted-in-2016/01/101893#M43170 Can gifts made in early 2017, prior to 4/17/2017, to used in 2016 taxes Sat, 01 Jun 2019 04:27:16 GMT spencerstrong 2019-06-01T04:27:16Z https://ttlc.intuit.com/community/taxes/discussion/can-gifting-to-children-in-early-2017-be-counted-in-2016/01/101893#M43170 Can gifts made in early 2017, prior to 4/17/2017, to used in 2016 taxes Sat, 01 Jun 2019 04:27:16 GMT https://ttlc.intuit.com/community/taxes/discussion/can-gifting-to-children-in-early-2017-be-counted-in-2016/01/101893#M43170 spencerstrong 2019-06-01T04:27:16Z https://ttlc.intuit.com/community/taxes/discussion/no-and-besides-gifts-usually-do-not-affect-a-federal-i/01/101908#M43180 <P>No.&nbsp; And besides, gifts usually do not affect a Federal income tax return.&nbsp; Gifts are not income to the recipient nor are they deductible by the giver.&nbsp; Some gifts over $14,000 in any one year to any one recipient may require the giver to file a Gift Tax return.<BR /></P> Sat, 01 Jun 2019 04:27:18 GMT https://ttlc.intuit.com/community/taxes/discussion/no-and-besides-gifts-usually-do-not-affect-a-federal-i/01/101908#M43180 Howard1948 2019-06-01T04:27:18Z