Jackson gives both his supervisor and her husband a $30 box of chocolates at Christmas.Jackson may claim only
$25 as a deduction.

Name: Jackson gives both his supervisor and her husband a $30 box of chocolates at Christmas.Jackson may claim only $25 as a deduction.
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Question

Quizplus · Accepted Answer

The limit for deducting gifts to any one person (including spouses) is $25 per year. So, in this case, Jackson can claim only $25 deduction, not $30.

Jackson Gives Both His Supervisor and Her Husband a $30