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It is better for your mother to give this to you as a GIFT rather than a salary.
It is better for her, as well. There is no gift tax on the transaction
There would be little benefit to getting the amount as a salary for social security purposes. On top of that you would owe tax. $14,000 will not add much, if anything, to the amount you will receive at full retirement age.
As a salary, your mother could not write off the salary unless you were performing services for her. It would be a gift, even if she tried to treat it as salary
ok, sounds good.
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no, thank you. yes i will rate you as excellent.
Thank you so much
will this be emailed to me?
I think so, but you can also print this using your browser print function, or you can bookmark the URL and come back any time.
But, I think the site is set up to send you an email of the chat once rated