I'm not a tax attorney (thank goodness!) but I would guess that the IRS' tax attorneys would consider it a gratuity, hence taxable. Ya shouldda asked fer cash! <g> Paul Bruesch Stillwater, MN On 8/3/07, Alan Barnard <tune4u at earthlink.net> wrote: > > Tuned a Steinway M today that did belong to one customer, now belongs to > another, who has become a good friend over the years. I had been on the > lookout for the right piano for this gentleman for a couple of years and > introduced the two people. > > After tuning it, he wrote me a check and said "I'm adding $200 to this in > appreciation for finding me this great piano." > > "Wow," says I, "Thanks". It was a total surprise because I had not asked > for or expected any finders or sellers fees and really didn't do much more > than make a couple of phone calls. > > Question: Is this $200 a gift, or is it a "fee" that I have to report as > business income for taxes? > > Seems like a grey area to me. > > Alan Barnard > Salem, MO > -------------- next part -------------- An HTML attachment was scrubbed... URL: https://www.moypiano.com/ptg/pianotech.php/attachments/20070803/3917e208/attachment.html
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