- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
It is possible you may receive a Form 1099-K - A campaign creator who collects over $20,000 and has 200 transactions in a year will receive a Form 1099-K, Payment Card and Third Party Network Transactions, reporting unadjusted gross revenues.
How that "income" is treated for tax purposes will depend on the purpose of the campaign.
See more at: Crowdfunding and income taxes
‎June 3, 2019
10:34 AM