Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
kkb-1902
New Member

Son gives $300 a month for expenses. Income or cost sharing? If income can reduce due to expenses?

Son has access to most of our house.  Uses toiletries,paper products,utilities, washer and dryer, refrigerator, and eats 1-2 meals from our food.  It is just my husband, myself, and our son living in our house.

1 Best answer

Accepted Solutions
Coleen3
Intuit Alumni

Son gives $300 a month for expenses. Income or cost sharing? If income can reduce due to expenses?

Cost sharing. You are not renting for profit and he is just chipping in for expenses.

View solution in original post

1 Reply
Coleen3
Intuit Alumni

Son gives $300 a month for expenses. Income or cost sharing? If income can reduce due to expenses?

Cost sharing. You are not renting for profit and he is just chipping in for expenses.

Dynamic AdsDynamic Ads
Privacy Settings
v