re: Incels are reporting snapchat sex workers to the IRS

i imagine (i'm not going to look up the regs) that regularly accepting "donations" from third parties is seen as income unless you follow strict protocols (like creating a corporation with specific tax treatment). performing a service in exchange for donations, especially outside of a protected entity, has to be seen as income

tips are income

Nothing that girl wrote was remotely accurate. She picked up a little knowledge about the tax code, somewhere, and interpreted it in an unbelievably stupid manner. Which should surprise nobody.

It is taxable income, she would lose the argument in about half a minute. $12k of income is not exempt from self-employment tax regardless of the new SD. This woman is lucky she has a body to sell. She is a total dumbass.

There's no gift loophole. They're exchanging money for services. 100% taxable.