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Remember the Texas tornado truck?


jsharr
Go to solution Solved by Thaddeus Kosciuszko,

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36 minutes ago, Kzoo said:

He isn't going to be able to afford the income tax he has to pay for that new truck on a part-time Whataburger job.

 

Texas does not work like that.  A free gift is not taxable income.  If received in exchange for services, then it could be taxable.

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1 hour ago, jsharr said:

Texas does not work like that.  A free gift is not taxable income.  If received in exchange for services, then it could be taxable.

Ok, I think I am ready to revisit that one-star rating that TX has, and give it an additional half-star just for that kind of coolness.

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