House i rent from a church requirements to claim my collected rent as a "Donation".?
The house i rent is owned by the pastor of the church. the church is right next door. After the first months rent be told by the church's rep (who is also the middle man that collects our rent) that the church wants to put pen to paper down our collected rent as a "Donation" obviously they do not want to recompense taxes on the income from the rented property. They are writing "donation" on my receipts.
I am not filling my taxes and claming my rent as donation to gain a cut out of this... i do not want to get surrounded by trouble. any help you guys can provide is greatly appreciated. Can i bring in trouble for complying next to the churches wish to cheat the system?
thank you.
Answers: This is duty fraud, plain and simple. You should report this "church" to the IRS. You might get a reward from the IRS if you own written proof of what they are doing.
Do NOT take your rent as a charitable donation. It will come wager on to haunt you.
By the road, "Kelly" is incorrect. Rental income is not related to the church's charitable purpose and is called unrelated business income and they SHOULD pay cheque taxes on it.
You won't get within trouble as long as you don't try to deduct the rent as a charitable contribution. The pastor, though, is committing import tax fraud by doing this - nice example for a pastor to set. You could report him to the IRS for this but aren't legally required to.
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I am not filling my taxes and claming my rent as donation to gain a cut out of this... i do not want to get surrounded by trouble. any help you guys can provide is greatly appreciated. Can i bring in trouble for complying next to the churches wish to cheat the system?
thank you.
Answers: This is duty fraud, plain and simple. You should report this "church" to the IRS. You might get a reward from the IRS if you own written proof of what they are doing.
Do NOT take your rent as a charitable donation. It will come wager on to haunt you.
By the road, "Kelly" is incorrect. Rental income is not related to the church's charitable purpose and is called unrelated business income and they SHOULD pay cheque taxes on it.
You won't get within trouble as long as you don't try to deduct the rent as a charitable contribution. The pastor, though, is committing import tax fraud by doing this - nice example for a pastor to set. You could report him to the IRS for this but aren't legally required to.