IRS money Limit? Please help!
VALERIYH
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Posted on
Sep-23-2017
03:50 PM
I have a question.. If I requested a money from group of people with total amount of 30k and it has been sent to me as goods and services..On regular account -Not a business account..Is that would be reported to the IRS as the income or no? Thank you!
1 REPLY 1
Quandary
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Sep-23-2017
04:05 PM
Yes, it will be reported - "goods and services". Does not matter the type of account you have.
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