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Gift for agreement of employment
I'm a musician and live in Virginia. In 2023, I played music at a local church and was compensated as a non-employee. The church asked me to become an employee to lead their music, and as an incentive, offered to give me a guitar if I agreed to employment. I became an employee and received the guitar. Is this taxable and if so, how should this be reported in TurboTax?
‎January 20, 2024
1:54 PM