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gfrench057
New Member

Where do I record that my son son supplements my income by $275 a month?

 
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‎December 12, 2024 11:36 AM
last updated ‎December 12, 2024 11:36 AM
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xmasbaby0
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Where do I record that my son son supplements my income by $275 a month?

Your son is giving you money to help you each month.  You do not enter that on a tax return.  It is not taxable, nor is it deductible for him on his own 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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‎December 12, 2024 12:10 PM
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VolvoGirl
Level 15

Where do I record that my son son supplements my income by $275 a month?

You don’t report gifts you receive on your tax return.   

‎December 12, 2024 11:42 AM
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xmasbaby0
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Where do I record that my son son supplements my income by $275 a month?

Your son is giving you money to help you each month.  You do not enter that on a tax return.  It is not taxable, nor is it deductible for him on his own 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.**
‎December 12, 2024 12:10 PM
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