Page 184 - Other Income for Individuals
P. 184
Expenses paid by another
Expenses paid by another
If your personal expenses are paid for by another person, such as a
corporation, the payment may be taxable to you depending upon your
relationship with that person and the nature of the payment.
Expenses paid by another
But if the payment makes up for a loss caused by that person, and only
restores you to the position you were in before the loss, the payment
isn’t includible in your income
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