You will receive a tax deduction for the gift if you itemize on your tax return.
From the washingtonpost.com
If you itemize, consider making your January mortgage payment today or tomorrow.
From the forbes.com
People who itemize their tax returns are the people in the top two tax brackets.
From the swampland.time.com
Healy did not have to itemize any of the contributions, as all were under $150.
From the dailyherald.com
Those are only deductible if you itemize and the loss exceeds 10% of your income.
From the usatoday.com
Second, there is a new tax break for homeowners who do not itemize their taxes.
From the abcnews.go.com
At present, only taxpayers who itemize may deduct state and local property taxes.
From the signonsandiego.com
To deduct medical expenses from your taxes, you must itemize on your tax returns.
From the usatoday.com
They can itemize their team's climactic agonies like the Stations of the Cross.
From the time.com
More examples
Enumerate: specify individually; "She enumerated the many obstacles she had encountered"; "The doctor recited the list of possible side effects of the drug"
Place on a list of items; "itemize one's tax deductions"
An itemized deduction is an eligible expense that individual taxpayers in the United States can report on their federal income tax returns in order to decrease their taxable income.
To state in items, or by particulars; as, to itemize the cost of a railroad
(itemizable) Capable of being itemized
(Itemizing) The process of adding up all your deductions on your tax return in case they add up to more than the standard deduction. It's definitely worth itemizing to see whether you could lower your tax bill.