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I received a gift of $15,000, which is technically non taxable. Is it okay to report it as taxable income anyway?
My mother gives me money to live on so that I can homeschool my autistic son. The total for the year is $15,000, which is under the threshold which would make it taxable. Because my earned income for the year was very low, I would like to include the $15,000 as taxable income for purposes of proof of income for rental applications, loan applications, etc. Including it does not change the amount of my federal return.
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‎January 31, 2023
3:53 AM