topic Can tipping cam girls be tax deductible? in Deductions & credits

Can tipping cam girls be tax deductible?

moskiey107 — Fri, 01 Jan 2021 16:32:06 GMT

Can tipping cam girls be tax deductible?

Re: Can tipping cam girls be tax deductible?

macuser_22 — Fri, 01 Jan 2021 16:34:43 GMT

I don't know what a "cam girl" is, but only donations to recognized charities are tax deductible.

Re: Can tipping cam girls be tax deductible?

Mike9241 — Fri, 01 Jan 2021 17:25:41 GMT

any business purpose or purely personal watching girls on web camera.?

Re: Can tipping cam girls be tax deductible?

moskiey107 — Fri, 01 Jan 2021 17:58:47 GMT

Watching...!!!

Re: Can tipping cam girls be tax deductible?

macuser_22 — Fri, 01 Jan 2021 18:18:32 GMT

Tips are gifts and gifts are NOT deductible to anybody (other than charities that are recognized by the IRS and you have a receipt from the charity).

Re: Can tipping cam girls be tax deductible?

Opus 17 — Fri, 01 Jan 2021 18:32:33 GMT

Absolutely not. Gifts to other people are not tax-deductible. Payments to other people for services are not tax-deductible, unless you are a business and the service you are paying for is a “ordinary unnecessary expense“ of your business. Even if a person is needy, a gift to a specific person is never tax-deductible. Charitable donations must be made to registered tax exempt organizations, not to specific individuals.

Re: Can tipping cam girls be tax deductible?

fanfare — Sat, 02 Jan 2021 22:38:01 GMT

@macuser_22 maybe you should check out the cam girls and you wouldn't have to spend so much time on this site.