turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

PplPrjct
New Member

My child's other parent gave me $3000 for child's legal expenses. is that taxable income?

My child's other parent gave me $3000 to reimburse me for part of the child's legal expenses.  is that taxable income?  It was not formal child support, but our informal sharing of expenses.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
Carl
Level 15

My child's other parent gave me $3000 for child's legal expenses. is that taxable income?

No. You can consider the $3K a gift. Gift's of less than $14K in any one tax year are not taxable or reportable on any tax return.

PplPrjct
New Member

My child's other parent gave me $3000 for child's legal expenses. is that taxable income?

Thanks!

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question