cheese_breath wrote:You should make sure they thoroughly understand the basics before you introduce refinements.
furwut wrote:Yes it's taxable. No - you may not get a 1099.
https://ttlc.intuit.com/questions/19334 ... om-irs-gov
Anon1234 wrote:I cannot imagine them tracking down that $10. If you want to account for it, it is definitely a 2015 gift, not 2014.