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GIFT CARDS & GIFT CERTIFICATES Gift cards or certificates, whether purchased from a retailer, a restaurant, or financial institution may come with strings attached. Here are some facts to keep you

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Gift cards amp gift refer to any form of prepaid stored-value cards or certificates given as a gift.

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Any individual or entity that gives gift cards or gifts valued over a certain amount may be required to report it on their taxes.

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Gift cards amp gifts should be reported on the appropriate tax forms provided by the tax authority.

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The value of the gift cards or gifts, the recipient's information, and the date the gift was given must be reported.

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