Self-employed. I've received financial assistance this year. I've reported the unemployment. Do I have to report other financial gifts from individuals and organizations?

[percussionator]

Self-Employed Musician.
Financial Assistance came from places like the Opry Fund and Musicares. A couple Music Fans sent some money as well. All told, maybe 4-5K

[npierson7 · Accepted solution]

Gifts form individuals are not taxable income for you. As for the financial assistance from the organizations, it depends how they reported that. To make it simple - if you received any 1099(s) forms for that income, you'll need to report that. Otherwise, it is non taxable gift. 

[percussionator]

Gotcha.

So if I haven't received paperwork for it .... probably good?

And THANK YOU for the quick reply. Crazy year for taxes