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I'm treasurer for a support group. we get donations via Givebutter. i keep none of it. they're sending 1099's this yr. how to avoid this being marked as income for me?
i manage donations our 12 step support group gets via Givebutter.com. we hold a small amount for unexpected expenses, otherwise, everything goes toward meeting expenses. anything more, we donate out. this year they (via Stripe) will be sending 1099's. they've never done this in years past. but now since the Givebutter/Stripe account is under my name & social security number, i fear the IRS will think this is income for me - which it is not. i do have a spreadsheet for every transaction. do i just deduct that somehow/somewhere? any ramifications with this?
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‎December 9, 2022
12:05 PM