Bless their hearts, that’s them all right. No doubt about it. Santa could leave an IOU for a lump of coal, since they each already have a major lump for a heart.
There would be no tax if it had properly been given as a gift instead of written on the ticket as a tip. As a tip, the owner will have to match the Social Security deduction. $10,000 is barely going to shift her tax burden and nowhere near $3000. Social Security and Medicare payments will exceed her IRS obligations.
mikie2 over 9 years ago
Bless their hearts, that’s them all right. No doubt about it. Santa could leave an IOU for a lump of coal, since they each already have a major lump for a heart.
PoodleGroomer over 9 years ago
There would be no tax if it had properly been given as a gift instead of written on the ticket as a tip. As a tip, the owner will have to match the Social Security deduction. $10,000 is barely going to shift her tax burden and nowhere near $3000. Social Security and Medicare payments will exceed her IRS obligations.
BeniHanna6 Premium Member over 9 years ago
Unfortunately what the zeros are saying is probably right.
orbenjawell Premium Member over 9 years ago
Such jealousy.