IRS money Limit? Please help!

VALERIYH
Contributor
Contributor
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!
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1 REPLY 1

Quandary
Advisor
Advisor

Yes, it will be reported - "goods and services".  Does not matter the type of account you have.

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