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MamaMac
New Member

I gave $500 to my niece when her husband died unexpectedly. Am I able to use this to help lower my tax bill?

 
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Coleen3
Intuit Alumni

I gave $500 to my niece when her husband died unexpectedly. Am I able to use this to help lower my tax bill?

No, this is a gift. It is neither taxable to your niece nor deductible for you.

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1 Reply
Coleen3
Intuit Alumni

I gave $500 to my niece when her husband died unexpectedly. Am I able to use this to help lower my tax bill?

No, this is a gift. It is neither taxable to your niece nor deductible for you.

View solution in original post

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