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July 18, 2024
Question

Do I have to claim money received from a friend for staying on my couch?

  • July 18, 2024
  • 1 reply
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My friend has been staying with me.  She pays $800 per month. My rent is $1745 plus utilities. Do I need to claim what she gives me as income?

    1 reply

    DoninGA
    Employee
    July 18, 2024

    No, you do not enter those funds received on a tax return.  You are just roommates sharing expenses so there is no need to report that as income.