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R
roederma
April 15, 2024
Question

Is a $10,000 gift from our church to cover expenses this past year while I was unemployed considered taxable income?

  • April 15, 2024
  • 3 replies
  • 0 views
No text available

3 replies

X
xmasbaby0
Employee
April 15, 2024

Gifts aren't taxable income and do not get entered on a tax return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
DoninGA
DoninGA
Employee
April 15, 2024

No.  That was a gift and gifts received are not reported on a tax return.

M
MinhT1
April 15, 2024

If this is a gift then it's not taxable.

 

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