Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 01-28-2011, 05:25 PM
Junior Member
 
Join Date: Feb 2009
Posts: 21
Money Gifts and Earned Income

Are money gifts from friends and family taxable income and do they need to be reported on the tax return. Also is income from yard sale, swap meet, ebay and craigslist concidered earned income. If so how would I report it on the tax return.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
State Tax on money earned on K1 from a different state needhelp123456789 Estimated Taxes 1 10-31-2010 09:44 AM
foreign earned income help thestockman Income 1 04-12-2009 11:51 PM
Earned Income Tax - Not Sure What To Do skatss Income 1 07-14-2008 12:39 PM
Earned Income Credit . taxstudent Income 0 03-02-2008 10:53 PM
Is the child support considered income when calculating the earned income credit? aron Income 1 09-16-2007 10:50 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.