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(19,491 posts)

7. Cash gifts are taxable.

Wed May 21, 2025, 07:27 PM

May 2025

Because it's income, and if the cash gifts exceed 19k they have to file a special form.

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Highlight:

"No tax on tips" will harm more workers than it helps [View all] Celerity May 2025 OP

Maybe it is because we have the best supreme court justices markodochartaigh May 2025 #1

tips are gifts... shouldn't be taxed. WarGamer May 2025 #2

Cash gifts are taxable. Mosby May 2025 #7

I never got 19k+ in Birthday card money... WarGamer May 2025 #8

Another way to lose votes TnDem May 2025 #3

So then... TnDem May 2025 #9

Wont more occupations have mandatory tipping Johonny May 2025 #10

I guess it's relative. Littlered May 2025 #11

As I Recall The Supreme Court Recenly Ruled In Snyder vs United States That the_liberal_grandpa May 2025 #13

I have no doubt this will only increase owner Abolishinist May 2025 #14

Knr UTUSN May 2025 #15