On Mon, 25 Sept 2023 at 21:38, o1bigtenor <[email protected]> wrote: > On Mon, Sep 25, 2023 at 8:59 AM Enrico Lamperti <[email protected]> wrote: > > > > I believe it's still income, but you can put it in a different category (I > > use Income:Other, maybe Income:Gifts could work if you believe you'll be > > gifted money often) > > As soon as you even think of calling it 'Income' the tax man wants his hunk.
There is a specific term “taxable income”, which suggests that not all income is taxable. Depending on local laws, gifts could also be taxable. Depending on local laws, different sources of income could be taxed at different rates. Therefore, consult the laws and maybe file gifts as tax-exempt income. -- --- You received this message because you are subscribed to the Google Groups "Ledger" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/ledger-cli/CAP_d_8Vx_hgewhHUK9X7MTcsnJS%3DLTT%3DAV%2BJJ3xE__fYeghpRg%40mail.gmail.com.
