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Claiming a gift on a tax return...

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M

mrstucker

Junior Member
What is the name of your state (only U.S. law)? Missouri. Can I claim the computer I bought my husband for his birthday as a gift even if I had to borrow the cash from the bank?
 


I

irsos

Member
mrstucker said:
What is the name of your state (only U.S. law)? Missouri. Can I claim the computer I bought my husband for his birthday as a gift even if I had to borrow the cash from the bank?
Click to expand...
Absolutely, you may claim that it is a gift. Problem is, gifts, other than to qualified charities, are not deductible.
 
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