Birthday money

[Clover329]

Hi all,

I just recently celebrated my 27th bday and in lieu of gifts, I asked for cash for tuition in the fall. Right now I have the cash in the house. I have my 341 on 4/29/09. Should I wait until after the 341 to deposit the $$? I haven't told my family about filing BK and don't want to. They wouldn't understand (family of accountants/good $ mgrs).

Thanks,
Clover

[OhioFiler]

Hi all,

I just recently celebrated my 27th bday and in lieu of gifts, I asked for cash for tuition in the fall. Right now I have the cash in the house. I have my 341 on 4/29/09. Should I wait until after the 341 to deposit the $$? I haven't told my family about filing BK and don't want to. They wouldn't understand (family of accountants/good $ mgrs).

Thanks,
Clover

If you received the gifts after you filed it's no big deal. If before you filed then you should have listed it as income and as an asset.

[Clover329]

If you received the gifts after you filed it's no big deal. If before you filed then you should have listed it as income and as an asset.

I received them this past Sunday and we filed on 3/20/09. They are not listed as income or asset because I didn't have it at the time of filing.

Thanks!

[NoMoreRed]

Keep the cash in the house and pay tuition in cash or cashiers check when the time comes.