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roederma
New Member

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

 
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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.

MinhT1
Expert Alumni

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.

 

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