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A donation to an individual is considered a gift. If you received it as cash and did not give the other person a receipt, don't worry about it if it wasn't a lot of money.

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15y ago

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Related Questions

What if you have no money to pay your taxes?

You are legally required to pay taxes. Taxes are only due on money you have earned therefore if you owe taxes you have had the money. If you do not pay the taxes you owe you will be sent to court and made to pay - even if you go to prison you will still owe the tax man.


When is the deadline for paying taxes if I owe money?

The deadline for paying taxes if you owe money is typically April 15th of each year.


What will happen if you file the current years taxes and owe for back taxes?

You will have to pay a fine. And pay all the money back that you owe.


Do i owe taxes if i haven't worked in 8 years?

No, a person will not owe taxes to the IRS if they haven't worked in 8 years. Taxes are only due on money earned.


What if you owe IRS but have a refund?

If you owe money to the IRS for prior years taxes, and you have a refund due to you on this year's taxes, the IRS will keep the refund and apply it towards the debt that you owe.


Why do I owe 6000 in taxes?

You owe 6000 in taxes because the amount of taxes you owe is based on your income, deductions, and credits. If you didn't have enough taxes withheld from your paychecks throughout the year or didn't make estimated tax payments, you may owe money when you file your tax return.


Can a tax chart help you to figure out how much money you owe in taxes?

Yes, a tax chart help you to figure out how much money you owe in taxes. You can find a tax chart online.


If you didnt owe money for 2007 but you did owe for past years will you still get a check?

i think if you don't owe taxes for 2007,but owe taxes on prior years you should still get a stimulus check as long as you are making monthly payments on what you owe.


How much do I owe in taxes, including the 6000 that I owe?

You owe 6000 in taxes.


Do you have to file federal and state taxes?

It depends. If you owe money to the government, then yes. Otherwise, no.


Can a student file taxes even if no money was withheld?

They can but would not benifit them. They would owe tax.


Can the IRS arrest you?

If you have received a phone call, claiming to be from the Internal Revenue Service, telling you that you owe taxes, threatening you with arrest if you do not pay immediately- it is a scam. First, the IRS does not call you- you get a registered letter. Second, you are not arrested for owing money- you CAN be hauled into court for evading taxes. If you owe the IRS money, and they want it, they can take it without your permission. They have the power to take your paycheck, your bank account, your car and your house.