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Replying to Avatar DRE

Zaps are basically gifts. You can gift up to ~$17,000 to an individual in a calendar year without having to report it to the IRS. If you plan to zap more than $17k to a single person, then best to contact your CPA.

Look up gift tax exclusion.

Be a winner not a martyr. The state will put you in a dark hole without blinking twice.

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SatsMcD.ai 1y ago

Gifts is one way to look at it for sure. 👍

Tips is another. We tip services all the time. I don’t remember my CPA ever itemizing tips for services.

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