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New Member
posted May 31, 2019 8:07:10 PM

I got contributions on go fund me. Do these funds nees to be reported?

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1 Best answer
New Member
May 31, 2019 8:07:11 PM

No. Those amounts would be considered gifts and would not be taxable. You do not need to enter them.

1 Replies
New Member
May 31, 2019 8:07:11 PM

No. Those amounts would be considered gifts and would not be taxable. You do not need to enter them.