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To: SecAmndmt

>>He has been my sole source of income for the last 5 years, paying every single expense I have


89 posted on 03/26/2021 1:05:47 PM 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
>>He has been my sole source of income for the last 5 years, paying every single expense I have

That would be a gift, not income.

If he paid the expenses directly, it's a gift. If he gave her the money to pay, it's still a gift.

As gifts, they are not taxable until it reaches a certain threshold. Even then the recipient is responsible for paying gift taxes, not the giver.

The only time it would be considered income is if she's invoicing him directly and he's paying the invoices.

100 posted on 03/26/2021 2:20:41 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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