In most cases, personal donations qualify as personal gifts and are not taxed as income in the U.S. However, in some cases, the donations may be taxable.
Please consult with a tax professional if you aren’t sure.
In most cases, personal donations qualify as personal gifts and are not taxed as income in the U.S. However, in some cases, the donations may be taxable.
Please consult with a tax professional if you aren’t sure.