Gifts, awards, and prizes must be purchased on 5xxxxx accounts.
Any gift, award, or prize of any kind, no matter what:
If the recipient is an employee or a student:
If the recipient is not an employee and the gift costs $600 or more:
When you use TAMU funds to give a TAMU employee a gift that costs more than $100 or a gift certificate of any amount, the employee pays income tax on the value of the gift. Before giving a gift, you may want to consider whether the employee will like it enough to want to pay taxes on it.