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New Member

Were do I put the 15,000.00 I gifted my son?

where do I deduct the gifted 15,000.00 from my income?
2 Replies
Level 15

Were do I put the 15,000.00 I gifted my son?

You cannot deduct gifts to any individual, only to recognized charitable organizations.

Employee Tax Expert

Were do I put the 15,000.00 I gifted my son?

Since you're the one who gave the gift, and it didn't exceed the $15,000 annual exclusion per person, you don't report it. 


If you exceeded the annual exclusion, you would file Form 709: United States Gift (and Generation-Skipping Transfer) Tax Return.



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