Quote:
Originally Posted by HarryT
Whether the statement is right or wrong, though, if the reviewer themselves considers it to be barter (i.e. that the review was provided in exchange for the book, rather than the book being a gift), the IRS requires them to declare it on their tax return on the basis of that belief.
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I don't think so. That's why people sometimes get professional help with their taxes...so someone can tell them they are wrong, and do it the right way instead.
I cannot imagine considering a person at fault if:
1. The arrangement was not a taxable barter deal
2. The person didn't know that it would be taxable if it was barter
3. The person misstated the arrangement in a review in a way that made it sound like barter
4 The person didn't include it on their taxes.