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re: Do I need to pay taxes on this type of income?
Posted on 7/10/16 at 7:36 pm to TSLG
Posted on 7/10/16 at 7:36 pm to TSLG
As long as you have "the amount she negligently dropped and left behind" to reimburse her, then you can return the money to her (until after the audit of course). This way there is no income, nor expense on her part, technically. You were only taking care of her misplaced cash until such time as able to return it to her.
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