RE: He does have to claim it as income for IRS: No, he does
Posted on: June 13, 2024 at 20:20:40 CT
BH O'bonga MU
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not. If its a gift, the giver has to pay gift taxes. If its joining friends at their expense, its called a party. Do you claim as income on your tax return every event, at which you were a guest? I doubt it.