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Visitor I

My child's other parent gave me $3000 for child's legal expenses. is that taxable income?

My child's other parent gave me $3000 to reimburse me for part of the child's legal expenses.  is that taxable income?  It was not formal child support, but our informal sharing of expenses.

2 Comments
Catalyst V

My child's other parent gave me $3000 for child's legal expenses. is that taxable income?

No. You can consider the $3K a gift. Gift's of less than $14K in any one tax year are not taxable or reportable on any tax return.

Visitor I

My child's other parent gave me $3000 for child's legal expenses. is that taxable income?

Thanks!