My daughter did a facebook fund raiser for my son and his family, while he was in the hospital. She raised over 20,000.00 for his family. He has passed and my daughter is now receiving a 1099K for the funds raised. Does she have to pay tax on the full amount or is it only on the amount over 20,000.00? Also she is not a business and these were all donations for my son's family. Is there a way of showing (she has print out of all who donated)that they were all donation?
Please help
Duke
