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Recieved from kids (2) $50 dollars ea per month $1200.00 for year do I report and where

son and daughter send to me $50 a month to help out do i Report and where

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Recieved from kids (2) $50 dollars ea per month $1200.00 for year do I report and where

No.  Gifts that you received from your children are not taxable and do not need to be entered on your 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.**

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