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Level 1
June 5, 2019
Question

Where do i report a gift

  • June 5, 2019
  • 1 reply
  • 2 views
where can i report a gift I gave my daughter (a car valued at 4500)

1 reply

Carl
Level 11
Level 11
June 5, 2019

Nowhere actually. Gifts of less than $14,000 in a tax year are not reportable on anyone's tax return.