Do I have to pay tax on property for services?
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| If you receive property for
services you generally must include its value in
gross taxable income as taxable wages on your tax return. |
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Related tax
information about property for services |
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Is bartering income taxable?
Income Related Questions and Answers |
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IRS publications about
property for services:
For further tax information about property for services, refer to
Tax
Topic 420, Bartering Income. Also see
IRS Publication 17, Your Federal
Income Tax. |
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Ask Julian Block your IRS and tax questions! |
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If you can't find the answer to your IRS or tax question in our
web you can call former IRS Special Agent and one of the country's foremost tax attorneys, nationally syndicated columnist ("The Tax
Adviser") Julian Block. Julian is also the tax Editor of Mutual Funds Magazine, America's premier investment magazine. To
call Julian for a tax consultation click
here. |
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