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narflink
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Can I deduct monetary gifts to family members, and if so where does it go on the tax form?

 
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MichaelDC
New Member

Can I deduct monetary gifts to family members, and if so where does it go on the tax form?

No. Unfortunately, gifts or donations to family members or any individual are not deductible any where in the tax law. Only gifts made to charitable organizations recognized as such by the IRS are deductible.


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