bostonianinmo
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There's no write-off for wedding expenses.
There could be Gift Tax consequences if he gives you more than $12,000 in any calendar year. He could give you and your spouse $12,000 each without having to pay any Gift Tax. If Gift Tax is due, HE has to pay it, not you.
Not sure who threw the "thumbs down" on this but there WILL be Gift Tax consequences for any GIFTS given that exceed the exclusion amounts. The cost of the wedding itself isn't considered a gift, but the wedding gifts most certainly ARE. Please read the entire question, folks, before you rate the answer. If Pops gives her the $$$ to pay for the wedding, that IS a gift with possible tax consequences. If he pays the bills himself, there is no gift. |
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Kismitt
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no--you cannot claim it on your taxes. |
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Dizney
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it's not a write off - it's definitely not a charitable deduction - nice try though
In addition - don't listen to the people that called it a gift that you have to declare and pay taxes on because it's not |
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jerrywv
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There is no way for him to write it off, sorry. |
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tma
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if youre getting married in a church, a portion of what is given to them can be deducted as charitable contribution |
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ninasgramma
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There is no income tax deduction or credit for paying for a wedding. The father of the bride is paying for a family wedding. Not a taxable event. No gift tax return is required. |
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Rob
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Wedding expenses are not deductible on the Federal Tax Return |
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Overtaxed
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NO- you are not a charitable organization |
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Judy1
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No, none of it is deductible.
Sure, he can give you a gift of money, but it's not deductible for him. And if it's more than a certain amount, I think $12,000 per year currently, he would have to file a gift tax return, and he'd possibly have to pay a gift tax although probably not. |
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Lyn
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Maybe, if he declares it part of your inheritance but it is not a contribution in the charitable sense. |
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sharrron
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if he makes a cash gift to you, that would not be taxable to you, and it could be written off of his yearly statement.
please contact a professional tax advisor before doing anything like this, though.
have a nice day. |
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celianne
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As far as I understand, the gift will be taxable in your hands. Otherwise, no I do not think he can write the cost of a wedding against tax. Why not get a tax lawyer to verify it. |
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