Do I need to claim a go find me account

bosco864 · ‎June 5, 2019

PatriciaV · ‎June 5, 2019

No, in general donations from GoFundMe.com are not considered taxable income and are not reported on your tax return.

As long as you are not offering anything in return (goods, services or a business interest), these donations are considered gifts. Gifts to you are not taxable income and the donor cannot claim a charitable deduction.

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View solution in original post

PatriciaV · ‎June 5, 2019

No, in general donations from GoFundMe.com are not considered taxable income and are not reported on your tax return.

As long as you are not offering anything in return (goods, services or a business interest), these donations are considered gifts. Gifts to you are not taxable income and the donor cannot claim a charitable deduction.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Do I need to claim a go find me account