Can we write off any gifts we give to either the parents or the kids? And what about if I make them pumpkin bread or cookies to take home, can I write them off as gift expenses? Like would I write off cookie dough $2.00 as a gift??

Secondly, if I recieve Christmas gifts from parents, I have to claim them as income, correct? What if they make me cookie? Do I claim $2.00 as income?

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