Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

posted

Connect with an expert

3 Replies

Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

Gifts aren't taxable income and do not get entered on a tax return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

No. That was a gift and gifts received are not reported on a tax return.

Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

If this is a gift then it's not taxable.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

Get more help

Do you have a TurboTax Online account?

Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

Do you have an Intuit account?

Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert