Archived Does Christine Blasey Ford need to pay taxes on her GoFundMe earnings? (TheGreatAwakening)
submitted ago by CMAnon
Posted by: CMAnon
Posting time: 2.1 years ago on
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Archived on: 2/15/2019 10:00:00 AM
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Archived Does Christine Blasey Ford need to pay taxes on her GoFundMe earnings? (TheGreatAwakening)
submitted ago by CMAnon
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[–] OIAO ago
GoFundMe = New Leftist Money Laundering and Crooked Payout Method
[–] gogogogostop ago
I wonder who donated to her? All Democrats?
What is her charity for anyway? Hurt feelings over the false accusations that didn't pan out?
[–] Bushpilot ago
She needs to. We pay taxes on earned income from interest etc. Income is income after legal deductions.
[–] PixieJean 1 point 0 points 1 point (+1|-1) ago
This is taken directly from the GoFundMe Help Center ......
Donations made to GoFundMe campaigns are usually considered to be "personal gifts" which, for the most part, aren’t taxed as income.
However, there may be particular case-specific instances where the income is in fact taxable (depending on amounts received, use of the funds, etc.), so we recommend that you maintain adequate records of donations received and consult a tax professional to be sure. GoFundMe will not report your donations as income at the end of the year, or issue any tax documents. Because everyone's situation is different and tax rules can change from time to time, we’re unable to give any tax advice.
https://support.gofundme.com/hc/en-us/articles/204295498-Taxes
[–] 15070419? ago
It’s a capital gain right? Unless her stinky minge is setup as a 5013c.
[–] Nonymous608 ago
I imagine she has to once it's withdrawn, but not before.