answersLogoWhite

0

Do you ever have to give back gift from a parent?

Updated: 8/21/2019
User Avatar

Wiki User

10y ago

Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Do you ever have to give back gift from a parent?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What if parent gives no wedding gift?

Then they don't. No one is ever required to give anyone else a gift for any reason, so they're perfectly within their rights not to.


What amount can a parent give to a child without being required to pay gift taxes in 2011?

The amount a parent can give to a child without being required to pay gift taxes is $13,000.00.


Is it okay to give money as a gift to a parent?

i think it is , but personally i would prefer to give a meaning full gift as it means more but it is the thought that counts.


Can you give a parent a cash gift?

Yes!! Do It Everyone Loves Money hahaha =)


When does a parent give a graduation gift the day of graduation or at the graduation party?

at the graduation


What do parents give children for engagement gift?

If there is an engagement party then yes, the parents would give a gift. Many couples get engaged and don't have an engagement party and in this case it is not necessary for the parents to give a gift.


Can a parent give a child a monetary gift from their company account?

A parent can give a child a monetary gift from their company account. However, they will have to account for this as a business expense in their books. It can become confusing when it is time to figure profit and loss as well as taxes.


Can an employer force you to give back a gift?

Yes


Should give back a gift card to the gift giver if it doesnt work?

No, call the customer service number on the back.


Do I have to give back the gift my ex gave me for Christmas?

Giving the gift back is totally your desicion. You don't have to give it back because it was originally given to you. Giving it back to your ex would hurt your ex however.


What is the maximum cash gift a parent can give to a child without tax obligation for the child?

$100, that is the best value and the highest you can give.


Did France ever give a gift to England like the statue of liberty?

no