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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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October 24, 2019
2:58 PM
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Education
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.
October 24, 2019
3:26 PM