To claim or not to claim

[2cuteboys]

Claim it! Being audited isn't a pretty thing- and I'm NOT speaking from experience btw. It takes weeks of paperwork to prove what you've claimed and if you don't, there are fines (or worse) for fraud.

And to scare you a bit more, I've heard of people going into these arrangements with parents where they charge less per month in exchange for not providing receipts to claim - to have parents later turn around and demand receipts. And guess what, you'd have to by law. So not only are you out income for those 12 months, but you'll have to pay taxes on it as well.