How to enter non-charity tax-free gift in Form 1040?


From: "Steve C.-Y. Huang" <stevehua@Synopsys.COM>
Subject: How to enter non-charity tax-free gift in Form 1040?
Date: Wed, 7 Apr 1999 09:50:58 -0700

Previous Article (by Author): stock & bankruptcy SMabel555@aol.com
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Hi,

Two brief questions:

(1) If one made tax-free gift ($<10,000) to individuals (not to =
charities), where should one put the (deductible?) amount in Form 1040?

(2) Does TurboTax/TaxCut support this kind of entry?

Thanks.



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