Questions:
1) Are payments and gifts to a domme considered "income" or "gifts" under the tax laws?
2) If "gifts", the SENDER files a gift return and can exclude $15,000 a year and pay a gift tax on the rest. The recipient has no tax liability.
Thoughts?
Last update on January 18, 11:03 pm by Pauley playtoy-OwnedByPB.
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