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
Last edit time: never edited.
Archived on: 2/15/2019 10:00:00 AM
Views: 139
SCP: 3
4 upvotes, 1 downvotes (80% upvoted it)
~1 user(s) here now
This Subverse allows anonymized submissions.
NSFW: No
Authorized: No
Anon: Both
Private: No
Type: Default
Archived Does Christine Blasey Ford need to pay taxes on her GoFundMe earnings? (TheGreatAwakening)
submitted ago by CMAnon
view the rest of the comments →
[–] 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