Αποτελέσματα Αναζήτησης
As discussed below, the income tax consequences depend on all the facts and circumstances. If the distributions reported on a Form 1099-K are not reported on the tax return of the recipient of the form, the IRS may contact the recipient for more information.
6 Ιουν 2024 · Is GoFundMe taxable? It depends. If you raise money through a crowdfunding platform for personal causes, such as to get help with a medical bill or to source money for an educational goal, those...
18 Μαρ 2024 · Getting Form 1099-K from GoFundMe or another crowdfunding site doesn’t necessarily mean you owe taxes. But you’ll still need to report the income when you file your taxes.
29 Ιαν 2024 · Plaintiffs have to get creative to deduct their legal fees under a 2018 tax law just to get back to even. But why is E. Jean Carroll taxable even on the compensatory damages?
30 Σεπ 2021 · Generally, contributions made to “crowdfunding” campaigns (such as GoFundMe) are considered to be personal gifts, and as such, are not taxed as income to the recipient. The IRS does not consider fundraising proceeds a taxable source of income.
21 Μαρ 2022 · If the distributions reported on a Form 1099-K are not reported on the tax return of the recipient of the form, the IRS may contact the recipient for more information. The recipient will have the opportunity to explain why the crowdfunding distributions were not reported on the recipient's tax return.
18 Φεβ 2024 · A Florida woman has started a GoFundMe to “stand with Trump” and “fund the $355 million unjust judgment” that, as of Sunday morning, has raised more than $250,000 from about 5,700 donors.
