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Yes, the IRS can come after your stipends. If the IRS audits you, they’ll tax all those stipends. Plus penalties, and interest. Here’s what happens: The IRS asks for proof you maintained a tax home. Lease agreement, rent receipts, shared expense agreements, housing payments, and you have none of it. They disqualify your tax home. All $48,000 in stipends become taxable income. Tax bill: around $12,000. Penalties: $2,400. Interest: $1,500. Total: $15,900. An example for you: Sarah was a travel nur
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If you receive income from In-Home Supportive Services (IHSS), this is important ⚠️ The Internal Revenue Service (IRS) may require you to report those earnings when you file your taxes. Many caregivers don’t realize this and end up with surprises later. Make sure you understand your tax responsibilities and stay informed. 💰📄 #IHSS #IHSSProvider #Taxes #IRS #CaregiverLife
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