Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Lawn mower for RickN.
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="fatcpa" data-source="post: 4072401" data-attributes="member: 11311"><p>Old tax guy here. Even if Clay receives a 1099, that doesn’t mean that there is a reportable event on his end. He was just acting as a collector (agent) to facilitate multiple personal gifts by the group. Basically a dollars in equals dollars out transaction. Net result is he retains zero dollars. All contributors (donors) made non-reportable (based on amount of gift) personal gifts to Rick. Rick has no requirement to report gifts received. Much ado about nothing. Have a good day.</p></blockquote><p></p>
[QUOTE="fatcpa, post: 4072401, member: 11311"] Old tax guy here. Even if Clay receives a 1099, that doesn’t mean that there is a reportable event on his end. He was just acting as a collector (agent) to facilitate multiple personal gifts by the group. Basically a dollars in equals dollars out transaction. Net result is he retains zero dollars. All contributors (donors) made non-reportable (based on amount of gift) personal gifts to Rick. Rick has no requirement to report gifts received. Much ado about nothing. Have a good day. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Lawn mower for RickN.
Search titles only
By:
Top
Bottom