Your client, Aldridge, is a generous individual. During the year, he made interest$-$free loans to various family members when the Federal rate was $3\%.$ What impact, if any, will each of the following loans have on Aldridge$$s gross income?

On June $30,2024,$ Aldridge loaned $$12,000$ to his cousin, Jim, to buy a used truck. Jim$$s only source of income was his wages on various construction jobs during the year.

On August $1,2024,$ Aldridge loaned $$8,000$ to his niece, Sonja. The loan was to enable her to pay her college tuition. Sonja had $$1,200$ interest income from CDs her parents had given her.

On September $1,2024,$ Aldridge loaned $$25,000$ to his brother, Al$,$ to start a business. Al had $$220$ of dividends and interest for the year.

On September $30,2024,$ Aldridge loaned $$150,000$ to his mother so that she could enter a nursing home. His mother$$s only income was $$9,000$ of Social Security benefits and $$500$ of interest income.