Do I have to pay tax on thank you gifts for helping save friends parents from flooding water in their home from Hurricane Harvey

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Do I have to pay tax on thank you gifts for helping save friends parents from flooding water in their home from Hurricane Harvey

Gifts received from an individual are not reported on a tax return, regardless of the amount or value of the gift received.

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Do I have to pay tax on thank you gifts for helping save friends parents from flooding water in their home from Hurricane Harvey

Gifts received from an individual are not reported on a tax return, regardless of the amount or value of the gift received.

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