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January 28, 2024
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Room and board

  • January 28, 2024
  • 1 reply
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My son receives SSI. He lives with my husband and I. To help with expenses, he gives us money each month. Does that money he gives us each month have to be reported to the IRS? Wouldn't that be the same as a "roommate" helping with expenses? Or "not rented for profit"? When searching online, I'm getting two different answers.  Thanks.

    Best answer by MinhT1

    This is family sharing expenses. There is no need to report it.

    1 reply

    MinhT1Answer
    January 28, 2024

    This is family sharing expenses. There is no need to report it.

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    denean3Author
    January 31, 2024

    Thank you!