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Tag Archives: piano

*Tax Quips, Childrens' Earnings, Gifts, Income, Kiddie Tax, Self-Employed

Gift or Income

Posted on March 18, 2014 by TaxMama

Today TaxMama® hears from Asdfgh in the TaxQuips Forum, who tells us.  “My daughter plays piano for school choir. Doesn’t ask for money. She gets “thank you” from school PTO in form of flower bouquet and check for a few hundred dollars. Is that taxable income?”

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Posted in *Tax Quips, Childrens' Earnings, Gifts, Income, Kiddie Tax, Self-Employed  |  Tagged *Tax Quips, best, child labor, Entertainment/Culture, fiscal follies, Free, Gift, Government, Human Interest, Income, IRS News, IRS tax forms, jokes, Kiddie tax, Money Funnies, piano, recital, tax answers, tax blogger, tax humor, Tax Information, tax jokes, tax podcast, tax questions, tax tips, tax writer, Taxation in the United States, TaxMama, terrific, top, USD Leave a comment
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