Everything to know about re-gifting or returning presents

ABC News' Rebecca Jarvis shares her top tips for how to return gifts and when it is okay to re-gift a holiday present.
1:55 | 12/25/18

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Transcript for Everything to know about re-gifting or returning presents
that. We have more now on those holiday gifts and what to do if they miss the mark. Well, Rebecca Jarvis is here. Rebecca, you're going to walk us through how to regift or return it. That is right, Michael. Sometimes there's a little coal in your stocking. There are plenty of ways to spin it into gold. If what's under the tree and in your stocking didn't quite deliver on that wish list, have no fear, you're not alone. Americans return nearly $90 billion worth of gifts over the holidays and if returns are in your future, keep in mind the window to make the swap could be closing. Look at those gift receipts and check them twice. Some stores give you just 15 days, others as many as 30 to 45 to make returns. A number of the biggest retailers including Walmart, target, Best Buy and Amazon extend return policies over the holidays but beware, not all products are included under that umbrella. The good news with many companies now offering free shipping, there's a chance you can skip that trip to the mall. If you do decide to brave the crowds the busiest days for returns are historically December 26th and 27th and the days and weeks ahead are the most wonderful time of the year to stock up on heavily discounted holiday decor, bedding, winter wear and exercise equipment. Finally, turn those unwanted gift cards into cash with apps like gift card granny and cardpool. We know it is the thought that counts but one of the greatest gifts of all if you do want to take things back, the fact that everything goes on sale, with those returns you can double down, guys. You can extend the life of the gift, of course, none of you will be making any returns. Never. Suck it up like I like it. We love it all. We're grateful.

This transcript has been automatically generated and may not be 100% accurate.

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