- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The easiest way to deal with this (lacking IRS or state directions) will be to report this on a Sch C as income and then enter an expense for the same amount to zero out the form... call it "gifts from family". This will make everyone happy and less chance of an audit.
‎January 25, 2022
9:25 AM