A small group that was in transition toward becoming a 501(c)(3) was using my personal cash app until they became official. They now have their own Cash App business account and are officially a 501(c)(3).
However, I have $2,353.94 from May 2022 of income that is actually for that 501(c)(3) through my Cash App. They have said that they are willing to either claim that as their income or pay me whatever taxes I have to pay on that income because it is technically their income.
What is the best way to go about this? Personally, I would rather give that statement to them and let them file it under their business and have them pay the taxes on it since it belongs to them anyway.
What should I do here?
