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yth321566
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Do I have to report a small $5 donation? Or is that only for people who donate large amounts?

 
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HelenaC
New Member

Do I have to report a small $5 donation? Or is that only for people who donate large amounts?

No, you don't have to report a small donation or any donation for that matter. For tax purposes, donations generally benefit you so the IRS doesn't care that you may get less money back from them.

Related information:

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HelenaC
New Member

Do I have to report a small $5 donation? Or is that only for people who donate large amounts?

No, you don't have to report a small donation or any donation for that matter. For tax purposes, donations generally benefit you so the IRS doesn't care that you may get less money back from them.

Related information:
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