Dan's old car breaks down at his friend's house. The vehicle would cost more to fix than its worth, so Dan tells his friend to keep it and walks away. His friend doesn't want it and doesn't want to pay for towing either. Was this a gift? Depends on whether Dan benefits from a tax deduction. No, because his friend didn't accept the vehicle. Yes, because Dan acknowledged he would like to give his friend the car. Yes, because Dan gave it to him and no longer possess the car