Posted by: Tax services August 28, 2015
Login in to Rate this Post:
0 
? 
?
Goodtogo,
Money given by parents and relatives will be a form of gift for you unless they give you money for the service or good you provide to them. If they simply give you money, it won't be income for you. If you provide good or service in exchange of money, that will be included as income.
Money given by parents and relatives will be a form of gift for you unless they give you money for the service or good you provide to them. If they simply give you money, it won't be income for you. If you provide good or service in exchange of money, that will be included as income.