07-03-2003, 07:58 AM
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 Re: Roommate income drewremedy[at]aol.com (Drewremedy) blurted out - quote - > > > Now she is threatening to turn me into the IRS for failing
Not only is it unenforceable, but it is (at least in> > > to declare her $25,000 payments as income. She wants me to > > > refund to her, a third of what she paid, else she'll drop a > > > dime to the IRS. She says "You can pay me, and benefit your > > > daughter, or you can pay the IRS." > If she shoots off her mouth with witnesses or in writing to > others she may talk herslf into libel or slander territory > by threatening to turn you in for criminal activity. By the > way to extort a civil settlement by means of a criminal > claim is unenforceable most places.. Frankly I'd let her > babble on until she talks herself into trouble.... California) within the definition of criminal extortion, and can be prosecuted as a crime. - quote - > If my girlfriend made a gift of $25,000 a year to me, so be
I suspect that part of the problem is that she shared the> it--that's HER gift tax problem OR if my girfriend > contributed $25,000 towards the general running of the > household that is NOT income to me either (unless its over > the expenses) mortgage payments, for which he claimed no income but took a full interest deduction. Seems to me that could be problematic. Stu << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
06-30-2003, 05:44 AM
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| Re: Roommate income gerometry[at]yahoo.com (Gerome) writes: - quote - > My "girlfriend" lived with me for six years, until about a
Charming. It doesn't sound to me like there was any type of> year ago. The "girlfriend" is in quotes because we mostly > had a roommates relationship. She is the mother of my > daughter, and by living at opposite ends of the house, we > could be our daughter's parents during those six years. > She moved out about a year ago, taking custody of our > daughter. I pay child support. > During the six years, she contributed about $25,000 per year > toward unspecified shared household expenses: the house, > utilities, food, baby-sitters. It's my house, and she was > never on the title, and we were never married. She paid for > all her other expenses separately: her clothes, car, > entertainment, etc. > Now she is threatening to turn me into the IRS for failing > to declare her $25,000 payments as income. She wants me to > refund to her, a third of what she paid, else she'll drop a > dime to the IRS. She says "You can pay me, and benefit your > daughter, or you can pay the IRS." formal financial agreement which would establish taxable income for you. The only possible tax implication I see is a gift tax liability for her. OTOH she did make significant financial contributions to the household during your time together. Now that no-fault divorce has been replaced by no-marriage divorce, she may have some sort of claim under state law. I suggest you consult a family law attorney. Phil Marti Topeka, KS << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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