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Latest revision as of 02:56, 10 September 2026
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Let's change one more fact in our example: I give a $100 tip to the waitress, and the waitress happens to be my daughter. If I give her the $100 bill at home, it's clearly a nontaxable gift. Yet if I leave her with the $100 at her place of employment, the government says she owes income tax on the device. Why does the venue make a difference? The federal income tax statutes echos the language of the 16th amendment in on the grounds that it reaches "all income from whatever source derived," (26 USC s.
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