Deductions & credits

@perklabs - personally, I would not worry about it.  In the HIGHLY unlikely scenario that you are asked by the IRS, you will have good records to prove that this was a mutual living situation.    Frankly, the IRS has more things to worry about that items such as this - they remain understaffed. 

 

can you provide a link to what you are referring to? I wasn't aware that the federal goverenment moved ahead with this proposal.  Certainly a single deposit of $10,000 is reported by the banks and that has gone on for years.