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    Cash Gifts

    Do cash gifts ever count as income?
    Chapter 7 - Coming Spring 2008!

    #2
    Originally posted by TabulaRasa View Post
    Do cash gifts ever count as income?
    Do you mean "count as income" for bankruptcy income calculation purposes, income tax return purposes, or another purpose? The answer will depend on what context you mean. In some situations, it's considered income; in others, it's not.
    Filed: 03/31/08 341: 05/15/08 Discharge: 07/15/08
    Do yourself a favor. Check everything I say with a bankruptcy attorney. Most attorneys will even provide a free initial consultation. In fact, it's your life, so check everything anyone says (including your attorney) for yourself!

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      #3
      Oh, for the means test, for instance.
      Chapter 7 - Coming Spring 2008!

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