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Level 3
November 17, 2022
Solved

Gift cards

  • November 17, 2022
  • 1 reply
  • 13 views

If you receive a gift card from a vendor, or win one etc, do you have to declare it as income?

    Best answer by DoninGA

    No.  Gifts received are not taxable income and are not reported on a tax return.

    1 reply

    DoninGA
    Level 15
    DoninGALevel 15Answer
    Level 15
    November 17, 2022

    No.  Gifts received are not taxable income and are not reported on a tax return.