westwood18
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Can I subtract the $300 from the total gifts received?For example, if I receive $1000 in gifts, can I report $700?
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THanks.I realize that I don't claim the gifts as taxable income, but I'm still surprised that I need to report gifts at all.I've never heard of people reporting...
Activity Feed for westwood18
- Posted Local taxes for Uber and DoorDash on Get your taxes done using TurboTax. March 11, 2021 6:36 PM
- Posted Money on Get your taxes done using TurboTax. June 17, 2019 5:59 PM
- Posted I proctored the ACT once in 2017 and made under $200. I am trying to report this income on Schedule C. Is proctoring the test considered "material participation"? on Get your taxes done using TurboTax. June 6, 2019 9:45 AM
- Posted Can I subtract the $300 from the total gifts received? F... on State tax filing. June 3, 2019 4:45 PM
- Posted THanks. I realize that I don't claim the gifts as taxabl... on State tax filing. June 3, 2019 4:45 PM
- Posted MI-1040CR - What counts as a "gift"? on State tax filing. June 3, 2019 4:45 PM