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I don't, not the slightest amount, and I still don't try to convince the IRS that my sole source of income is 'a gift'. (not counting the pathetically small You
by Applejinx 3y ago
I don't, not the slightest amount, and I still don't try to convince the IRS that my sole source of income is 'a gift'. (not counting the pathetically small YouTube revenue)
It doesn't ACT like 'a gift', it acts like a paycheck. If a guy gets paid by a car dealership because he's the owner's kid without having to do anything, the IRS doesn't care whether he has to work for real but it very much cares whether he pays his taxes on his income.
- kylebenzle 3y agoBut we have a specific word, patronage, to describe a payment that is specifically NOT for work, and of course a platform named for that my might reasonable consider payments on it patronage not payment for work.