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Thursday
Feb 09th
Home arrow Tax Tips arrow Investment Taxes arrow personal loans/gift money
personal loans/gift money E-mail
got hit with major medical bills; my best friend gave me about 5 grand, free
and clear, no strings attached; and my mom is lending me $17K, no interest,
to be paid back as I can (probably 10 years). question: do I have to pay
taxes on either of these? one is a "gift" so I guess tax-free because under
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  • Newsflash
    AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday.
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