Skip to main content
Level 1
December 7, 2019
Solved

Is honorarium paid as gift taxable

  • December 7, 2019
  • 1 reply
  • 11 views
honorarium paid as gift
This topic has been closed for replies.
Best answer by TaxGuyBill

An Honorarium is almost never a "gift", and is therefore almost always taxable.

If an organization pays a person because that person performed some service, it is taxable to the recipient, not a gift (even if the person did not specifically charge for it). 

1 reply

Level 15
December 7, 2019

An Honorarium is almost never a "gift", and is therefore almost always taxable.

If an organization pays a person because that person performed some service, it is taxable to the recipient, not a gift (even if the person did not specifically charge for it).