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I'm starting a gofundme in CA to raise money for school. What percentage would be going to taxes on such a figure? The goal is $100,000

 
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I'm starting a gofundme in CA to raise money for school. What percentage would be going to taxes on such a figure? The goal is $100,000

The money you receive would be considered a gift to you and since gifts are not taxed to the recipient, you would owe no tax on those donations.