Can the person giving the gift take if off of their taxes?

An individual taxpayer giving a qualified gift to another qualified individual taxpayer does Not get any deduction on the individual taxpayers 1040 income tax return.

For more information about gifts and the gift tax by the giver of the gifts go to the IRS gov web site and use the search box for publication 950, Introduction to Estate and Gift Taxes, IRS Form 709 United States Gift Tax Return, and Instruction for Form 709.