Get your taxes done using TurboTax

No,  the freebies you are getting from your parents are not taxable income.   Do you have income from a job to enter on a tax return?   If not, what other income --if any-- do you have to enter on a tax return?   If you do not have at least $4300 of income (not counting Social Security) to enter then your parents can claim you as a dependent on their tax return.

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