mechengineer
Junior Member
What is the name of your state? Minnesota
Like the title says.
Our arrangement is that she pay a certain amount each month (which is well below what a renter would pay), and in exchange for the reduced amount, she does not claim rental tax credit.
So my question is: am I evading taxes by not claiming what she gives me as income?
Like the title says.
Our arrangement is that she pay a certain amount each month (which is well below what a renter would pay), and in exchange for the reduced amount, she does not claim rental tax credit.
So my question is: am I evading taxes by not claiming what she gives me as income?
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