How do I file this?

JimmyBee · ‎December 1, 2022

I've done a lot of work for my mother (that I now live with) over the past year (errands, housework, cleaning, shopping, appointments, etc.). She sends me a few hundred dollars a month through bank transfer...I'm not sure how I claim this on my taxes, or what paperwork/forms will need to be filled out. I have no idea what needs to be done.

Thank you!

Anonymous_ · ‎December 1, 2022

If you are doing these tasks for your mother out of love and affection and, in return, she is giving you some money out of love and affection, then that money is a gift from your mother to you and, as such, is not required to be reported on your federal income tax return.

In terms of gifts, there is an annual exclusion of up to $16,000 for 2022 ($17,000 for 2023) for which the donor (the giver - your mother) would not be required to file a gift tax return (Form 709).

See https://www.irs.gov/instructions/i709#en_US_2022_publink16784xd0e649

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Anonymous_ · ‎December 1, 2022

If you are doing these tasks for your mother out of love and affection and, in return, she is giving you some money out of love and affection, then that money is a gift from your mother to you and, as such, is not required to be reported on your federal income tax return.

In terms of gifts, there is an annual exclusion of up to $16,000 for 2022 ($17,000 for 2023) for which the donor (the giver - your mother) would not be required to file a gift tax return (Form 709).

See https://www.irs.gov/instructions/i709#en_US_2022_publink16784xd0e649