Reporting under-the-table income?

thumper1
Sun, 21 Feb 2010 07:12:29 +0000

I’m going to again say…honesty is the best policy. The OP keeps saying “what will happen if A talks to B?” Clearly, this would not be a concern AT ALL if everything had been reported honestly.

I do agree that babysitting money and the like (these are small amounts) do not need to be reported. BUT there was a Supreme Court justice nominee who did NOT get appointed because it was discovered she was paying household help “under the table”.

The most important thing about these forms is that you fill them out honestly. I’m sorry, but in my opinion, your generous relative should have “paid you” in birthday gifts or something like that. You could have listed your “work” as volunteer work and still have received some money for doing this. I hope the under the table money didn’t come out of the company accounts. Companies are not supposed to pay folks “under the table”.