ILLMAS Posted March 31, 2009 Report Share Posted March 31, 2009 If a politician gets married and receives gifts from his employees, is this considered (presents & cash) additional income? If so, how would it be reported? Quote Link to comment Share on other sites More sharing options...
zeke Posted March 31, 2009 Report Share Posted March 31, 2009 If a politician gets married and receives gifts from his employees, is this considered (presents & cash) additional income? If so, how would it be reported? I can think of only two occasions that this would be reported. 1. The gift is more than $600, and a form 1099 is rec'd. 2. The politician is in line for an appointment to the cabinet! z Quote Link to comment Share on other sites More sharing options...
GLJEANNE Posted April 1, 2009 Report Share Posted April 1, 2009 We have a strict Gift Law for the pols in our state - no more than $10 per year from any one person. Sheesh, you can barely even bake them anything for $10, much less buy something!! And forget taking them out to eat - even the ones that are friends or family don't like to have us pay, since they always have to worry about appearences. PITA. None the less, I wouldn't question wedding gifts, since the Gift Law has no bearing on tax law. And the fact that the gift came from an employee wouldn't matter under any tax law I can think of. Now if it came from an employer, and was extravagant, that might be a different case. Quote Link to comment Share on other sites More sharing options...
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