Re: Can I Charge a Rent from My Child Who Receives Social Security Benefits
Charging a minor rent certainly fulfills the Rep Payee's charge to provide food and shelter, however, if you were to charge rent, you would need to declare income on your taxes as a landlord. I'm sure you see what a slippery slope this becomes. I suggest instead, you make a simple spreadsheet listing all household expenses such as utilities, food etc, allocate a proportionate share against the benefits, keeping the chart as documentation. Don't forget clothing and gasoline used for the child, or allocate mileage based on gov't standards. The balance you can give as a weekly allowance.
With enough thrust, pigs fly just fine.
You may believe that you understood what you think I said. I'm not sure you realize that what you heard is not what I meant.