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    Is tax payable on monies paid by way of board from ones children?

    0  Views: 231 Answers: 2 Posted: 9 years ago

    2 Answers

    You would need to discuss this with an accountant for an accurate answer. My guess would be no because it would not amount of a large enough sum of money. You can add it into salaries earned for the year and see if it changes any figures for your taxes.

    With the USA in the mess it is in you will soon be paying tax on your children to get to Government out of a hole they dug.


     


    I wonder if the US did not spend millions of dollars on armament for other peoples disagreements how your economy would be. Bring back your troops and mind you own backyard. The people you are supposed to be helping have fought each other since time began and they will continue to do so after the USA fades into oblivion as all super powers do.


     


    Strategicaly place your armament around your perimeter and blow the shitter out of anyone who comes near you.


    Save billions of dollars and a heap of US lives.



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