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posted Jun 6, 2019 6:40:21 AM

Can I deduct gifts given to co-workers?

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1 Best answer
Level 3
Jun 6, 2019 6:40:23 AM

No, this is not a business gift, it is treated the same as giving a gift to your friends or family.

 In order to be a business gift, you would need to be the business owner giving it to your employees

1 Replies
Level 3
Jun 6, 2019 6:40:23 AM

No, this is not a business gift, it is treated the same as giving a gift to your friends or family.

 In order to be a business gift, you would need to be the business owner giving it to your employees