Are proceeds from a Go Fund Me account tax deductible? If yes, hasn't the money already been taxed?

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Funds received through a GoFundMe campaign are considered gifts. As such, they are not taxable income.

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***

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Are proceeds from a Go Fund Me account tax deductible? If yes, hasn't the money already been taxed?

Are proceeds from a Go Fund Me account tax deductible? If yes, hasn't the money already been taxed?

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Are proceeds from a Go Fund Me account tax deductible? If yes, hasn't the money already been taxed?

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Are proceeds from a Go Fund Me account tax deductible? If yes, hasn't the money already been taxed?

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