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To: SeekAndFind

Is she declaring his funding of her living on her taxes ?


7 posted on 03/26/2021 11:32:51 AM PDT by a fool in paradise (Lean on Joe Biden to follow Donald Trump's example and donate his annual salary to charity. )
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To: a fool in paradise

Does he get to claim his mistress as a dependent?


12 posted on 03/26/2021 11:34:22 AM PDT by Little Ray (The Government is always its own largest and most important Special Interest. .)
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To: a fool in paradise

It is not income for her, probably.

But he would be on the hook for gift taxes?


64 posted on 03/26/2021 11:56:28 AM PDT by SecAmndmt (Aim small, miss small)
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To: a fool in paradise
Is she declaring his funding of her living on her taxes ?

If he's paying for everything, she does not need to file an "income" tax return as she has no income.

97 posted on 03/26/2021 2:07:12 PM PDT by Ol' Dan Tucker (For 'tis the sport to have the engineer hoist with his own petard., -- Hamlet, Act 3, Scene 4)
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