R
removeps-groups
On some of the TV shows guests as receiving free gifts. I was
wondering if these gifts are taxable by the recipient. I think yes,
as Other Income, though I'm not sure if this is so or if anyone
actually reports it. And I also wondered about the home shows where
they renovate a person's home (from leaky roofs, etc) to chic. In
this case, the value of the gift is so huge I wonder if sometimes the
recipient could even afford to pay it.
wondering if these gifts are taxable by the recipient. I think yes,
as Other Income, though I'm not sure if this is so or if anyone
actually reports it. And I also wondered about the home shows where
they renovate a person's home (from leaky roofs, etc) to chic. In
this case, the value of the gift is so huge I wonder if sometimes the
recipient could even afford to pay it.