Do cash gifts ever count as income?
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Do you mean "count as income" for bankruptcy income calculation purposes, income tax return purposes, or another purpose? The answer will depend on what context you mean. In some situations, it's considered income; in others, it's not.Originally posted by TabulaRasa View PostDo cash gifts ever count as income?Filed: 03/31/08
341: 05/15/08
Discharge: 07/15/08 
Do yourself a favor. Check everything I say with a bankruptcy attorney. Most attorneys will even provide a free initial consultation. In fact, it's your life, so check everything anyone says (including your attorney) for yourself!
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