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It depends. Donations are only tax deductible if made to qualified organizations—generally, 501(c)(3) charities—and if properly documented.
Many times crowdfunding donations are considered gifts and are not tax deductible.
Here is a link to search for IRS Tax Exempt Organizations:
It depends. Donations are only tax deductible if made to qualified organizations—generally, 501(c)(3) charities—and if properly documented.
Many times crowdfunding donations are considered gifts and are not tax deductible.
Here is a link to search for IRS Tax Exempt Organizations:
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