1. Send annual donation receipts individually to donors as requested. If you cannot find your tax receipt in your inbox, please make sure to check your spam folder. If you want another copy of your donation confirmation receipt, please follow these steps to request one: Follow the link to our contact form here. Certified charity campaigns raise money for a 501 (c) (3) or other registered charity. B. Then, follow these steps to complete the process: Select a preset donation amount or enter an amount using your keyboard. 09. Use the Manage Your Donation link at the bottom of your receipt. Only donations made to GoFundMe charity fundraisers are guaranteed to be tax-deductible in the US, the UK, Canada, Ireland and Australia and will automatically receive tax receipts from our charity partner, PayPal Giving Fund. It’s important to us that everyone is able to get the help they need—which is why we don’t charge a fee to start a fundraiser. If your email isn't confirmed yet, resend and confirm your email. These are listed online at the IRS Exempt Organizations Select Check. The IRS has specific rules for reporting income from crowdfunding platforms like GoFundMe. GoFundMe gets your funds to you quickly because we know that many fundraising needs are time-sensitive. after a GoFundMe raised $85k. Tax-deductible is an expense that can be subtracted from the taxpayer’s gross income to get adjustable gross income. If the charity does not enroll in PayPal Giving Fund, the funds will be sent to the charity, via check, after a verification process. Our Trust & Safety team works around the clock to ensure your safety and protect against fraud. You would claim up to your amount of taxable income and your spouse or partner would. If you donate to a fundraiser in a currency different from your own, you’ll be charged in the fundraiser’s. Your children’s cancer donation helps provide treatment to children with life-threatening diseases and helps. You can edit the frequency, amount, end date and payment information. 42. law. Under certain rules, the tax credit can reach as much as 33% if you’re in the highest tax bracket . Enter your email address at the prompt and click "Get donation receipt". Enter your payment details under "Payment method". September 10, 2021. We'll send it to you upon successful completion of your. If you raised money through a crowdfunding platform for personal causes, such as to get help with a medical bill or to source money for an educational goal,. When you create a sales receipt, you need to select a product or service item. IRS rules for those processing entities are very clear regarding the requirement. In both cases, the donations must be made to an approved donee. Subject line: Passing of [name of the organization and role] [First and Last Name]Claiming charitable tax credits. GoFundMe Statement on the Freedom. Select "Manage" below the donation you want to add or edit words of support for; Select "Edit" in the "Display" section; Make your intended edits and Save; How to edit or add words of support without your receipt or a GoFundMe account: Please sign up for a GoFundMe account using the same email address you used for the donation you made. The Michael J. However, you may not receive your T3 and T5013 slips until the end of March. Tell your story. In order to take a tax deduction for a charitable contribution to an IRS-qualified 501 (c) (3) public charity, you'll need to forgo the standard deduction in favor of itemized deductions. Instead, they collect money for you and pay your medical bills directly. ; Donations Make, change, or refund a donation. Yes. When you need to give a receipt or proof of purchase. To claim a tax-deductible donation, you must itemize on your taxes. For NFT-related tax situations, The Giving Block has published a basic overview. If you are donating through our New Zealand platform then those donations are tax deductible for New Zealand Tax Payers. So, what percentage does GoFundMe take for transaction fees? A transaction fee of 2. Additional conditions apply for donations (including membership fees) to political. A deduction for a gift can reduce your accessible income to nil in a tax year, but it is not allowed to create or add tax loss. If the donation is made to a charity fundraiser, you will receive a tax receipt from GoFundMe’s charity partner, PayPal Giving Fund. Through the generosity of donors like you, we've been able to help more than 1. Several websites are available to raise money for personal and business uses, with GoFundMe the largest and most commonly used platform to raise personal. When tax time comes, simply import your donations from ItsDeductible into TurboTax. Charitable fundraising platforms can help you create campaigns, track goals, and give donors tax deductible receipts. Charities on these platforms should enroll with PayPal Giving Fund to receive their donations quickly and securely. Updated. Then, you can customize this basic template based on donation type, such as noncash contributions or monetary support. Select the checkbox for the pledge, then Save and send if you want to email your donor a receipt of the donation. An Adoption Taxpayer Identification Number (ATIN) is a temporary nine-digit number issued by the IRS to individuals who are in the process of legally adopting a U. GoFundMe, based in San Diego, launched in May 2010. tion. 2. "The app made it so much easier to check on the fundraiser. Lower rates means more money to support your cause. A tax receipt, on the other hand, is a document issued by the IRS to the taxpayer as proof of their tax. Popular debt-based crowdfunding platforms include Zopa, the Lending Club, and Prosper. Most crowdfunding sites sent 1099-Ks if the campaign raised more than. GoFundMe. Businesses must give consumers a receipt for anything that costs over $75. The Empire State is expanding a tax break that allows smaller companies to circumvent the $10,000 limit on state and local tax deductions. The donor must: have paid the same amount or more in Income Tax or Capital Gains Tax in that tax year. Your GoFundMe can also become a place for friends and loved ones to share memories and support each other through this time. When creating a personal campaign with GoFundMe the money would go to them, and then our registered 501(c)3 charity would deduct it from GoFundMe…Tax receipts are usually issued by qualified organizations, so if the campaign you’re donating to is associated with a qualified organization, you should receive a tax receipt. We do this by enabling donors to support their favorite causes across a number of platforms, including PayPal, eBay, GoFundMe and Humble Bundle. 9% + $0. • Money spent on fundraisers such as bingo games or. The gift tax rate fluctuates from 18-40%, depending on the size of the gift. Donations made to GoFundMe fundraisers are usually considered to be personal gifts which, for the most part, aren’t taxed as income. Taxes for Organizers. Enter a note for your donation. Often taxpayers want to donate to a charity. Ad. It covers the costs of credit and debit charges, safely delivering donations, and helps us offer more ways to donate—through credit, debit, PayPal, Apple Pay, or Google Pay. In general, a person can give any individual a certain amount each year without triggering gift tax; as of 2014, that amount was $14,000. provides receipts to donors. Business income from crowdfunding should be reported as part of gross receipts on your business tax return or Schedule C for self-employment income. For cash , this is 60% of your adjusted gross income or AGI. Simple pricing, powerful fundraising. So you cannot deduct the donations that you made. All tax receipts are issued to the email address provided at the time of the donation, unless you have a donor account and selected the “Send me a single receipt at the end of the year with all of my donations. Email Address. Thank you!Sarah Comrie, 36, has been identified in a GoFundMe which is calling for donations to help fund the legal bills to 'save her livelihood and reputation'. So I raised about $20k for a charity this year. 33% tax credit for all donations over $5 they make to an approved donee. . Your campaign will be able to accept donations even after your goal is reached. Donations made to personal GoFundMe fundraisers are generally considered to be "personal gifts" which, for the. It’s just a matter of reporting,” explained Camenson. If you want another copy of your donation confirmation receipt, please follow these steps to request one: Follow the link to our contact form here. First, craft the outline of your donation receipt with all the legal requirements included. Getting the most out of your GoFundMe campaign is a tough task. Businesses need to keep receipts as proof of purchase when considering deductions from state and federal income tax returns. $250 or less - written records and a receipt (if practical) from the tax-exempt organization(s) are required to support the deduction. Long-Term Effect. To create an account to use to record charitable contributions:The transaction fee is automatically deducted from each donation. Thank donors. Fox Foundation for Parkinson’s Research is recognized as a tax-exempt charitable organization under section 501(c)(3) of the Internal Revenue Code. However, to help keep everyone’s financial records organized, you should send receipts for every donation, no matter the size. 33. Often taxpayers want to donate to a charity. 4 min. Certified charity. 3. November 9 2023. Mentored by people halfway around the world, Baset was able to leave war-torn Afghanistan and study music in the U. If you do receive a tax document, it is good practice to keep it for your personal records. Thus, Undaunted Women was born—a Seattle-based 501 (c) (3) organization driven by a deep sense of empathy and a strong desire to. 9th Annual Bull City Foodraiser! Funds go to T. You can expect to see your refund within 7–10 business days. “We have 1099s for lots of things. You need proof of charitable contributions in order to claim them with the IRS. GoFundMe's nonprofit campaigns do not carry a platform fee. GoFundMe charges one transaction fee—that’s it. Who sees the donations you make on Facebook. "With tax rates ranging from 10% to 37%, a $600. Specifically, keep (1) bank statements, (2) receipts of donations, (3) receipts of how you spent the money, and copies of other records. Once logged in, scroll to Recurring Donation. Click the form. They do not give you any money. We'll send it to you upon successful completion of your donation. 5 million children reach their potential and lead more fulfilling lives, regardless of the families' ability to pay. First, craft the outline of your donation receipt with all the legal requirements included. Only donations made to GoFundMe charity fundraisers are guaranteed to be tax-deductible in the US, the UK, Canada, Ireland and Australia and will automatically receive tax receipts from our charity partner, PayPal. If you are collecting money for a charity, you select the Charity Fundraising option. Donations to PayPal Giving Fund are final and irrevocable gifts, and refunds are only granted in exceptional circumstances, in accordance with our Donation Refund Policy. It is necessary for tax deductions and can be used during tax audits. Ideally, you could turn to someone who was an expert in such pricing for help negotiating your bill. Whatever your need, you can get help on GoFundMe. The maximum tax credits an individual can claim is. 1. People out there want to help you. June 14, 2017. 287. For 2020 and 2021, the 50% limitation is suspended, allowing individuals to donate up to 100% of their. The givers received no quid pro quo. Alternatively, if you think our team should investigate a fundraiser, you can read more about that here. Qualified donees are: registered housing corporations resident in Canada set up only to provide low-cost housing for the aged. For the tax years 2020 and 2021, you can get a $300 tax deduction for cash donations to charities, even if you don’t itemize. Operation Family Fund. Published August 16, 2021. taxes, please keep your email donation receipt as your official record. QC 46276. For charities. The IRS does give you the option to either itemize your deductions or take the. 9% + $0. Do I Owe Taxes if I am the Recipient of a GoFundMe Campaign? Tax & Business Generally, contributions made to “crowdfunding” campaigns (such as GoFundMe) are considered to be. Hello, my name is Christy and I am helping Lindsie and her family through this tragic time in her life. It is common for some problems to be reported throughout the day. PayPal Giving Fund Canada grants the funds to charities. It’s generally good practice to offer a receipt to your. Your donation must. Only donations made to GoFundMe charity fundraisers are guaranteed to be tax-deductible in the US, the UK, Canada, Ireland, and Australia and will receive tax receipts automatically from our charity partner, PayPal Giving Fund. You won’t be issued a tax receipt from our company. You can also use other recognized charity fundraising platform, such as Tiltify, or by directing users to contribute directly to a charity. The tax rules for those who start a GoFundMe About a third of GoFundMe drives in the United States are created by people hoping to raise money to pay for medical treatments or pay off medical debt . However, donations made to GoFundMe charity fundraisers are guaranteed to be tax-deductible in the U. To claim a donation as a deduction on your U. Crowdfunding sites like GoFundMe and Kickstarter. The gift tax is a federal levy on gifts over a certain value. Once the goal is reached, the progress meter on your campaign will show that you have received more than your goal amount. Copies must be stored in a secure place and should be made available only. Form W-7A, Application for Taxpayer Identification Number for Pending U. A passport from any country or National ID card of the supported EU country you signed up with (cannot be expired) An address in your country; Must be 18 years of age or over; Tax ID (for Belgium and Austria) See full list on irs. Your donations must go to an organization that’s one of these:All donations are gifts made voluntarily to PayPal Giving Fund, a 501( c )(3) charity, with no conditions. Each month, PayPal Giving Fund grants funds to enrolled. registered municipal or public bodies performing a function of government in Canada. Access your donation activity, manage your fundraisers, thank your supporters, and discover fundraisers. Or click the box that makes your donation anonymous on the site. Charitable contributions or donations can help taxpayers to lower their taxable income via a tax deduction. Use code THNKS and get 20% off. Maryanne Parker, founder of Manor of Manners, an etiquette consulting firm based in San Diego, said it’s OK to start a GoFundMe for a family member or very close. Since its inception, GoFundMe has facilitated over 120 million donations, for a total of over $9 billion in funding. Keep in mind that if you’re donating to a charitable cause on GoFundMe, the campaign organizer is responsible for issuing tax receipts. Corporate donations are eligible for tax deductions. Info available to nonprofits about donors on Facebook. Get help. The title of your fundraiser is your first chance to introduce people to the family you’re helping. S. The Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest economic stimulus bill in US history, allocating $2. Track your finances A NerdWallet account is the smartest way to track your savings, credit. Updated. 4 min. If you made the donation with PayPal Giving Fund Canada, Facebook, or GoFundMe: All donations made to PayPal Giving Fund Canada are eligible for donation receipts (there is no minimum donation amount). If you donated to a charity fundraiser, you should. The IRS allows individuals to deduct charitable contributions up to 50% of their adjusted gross income, though 20%. Create a campaign page. 2. Confirmed charities get a low processing rate of 1. You won’t be issued a tax receipt from our company. 3. Manage your fundraiser anywhere. Get people in the habit of frequenting your business, and they’ll be more likely to give you their business on an ongoing basis. GoFundMe fees. MCL 400. Kind regards. Gifting a capital property (such as real estate, shares, bonds, patents, or trademarks) entails a slightly different type of tax consequences. 33% tax credit for all donations over $5 they make to an approved donee. That is why we set up this GoFundMe campaign, for people who want to help with whatever amount that they can afford to contribute. October 31, 2023. For 2020 and 2021, the 50% limitation is suspended, allowing individuals to donate up to 100% of their AGI. the additional tax credit for a large cultural donation. GoFundMe: The trusted online fundraising and crowdfunding platform for any need or dream. Use the Manage Your Donation link at the bottom of your receipt. GoFundMe fees. Updated. Start a crowdfunding fundraiser in 5 minutes. is a 501(c)3 tax-exempt organization and your donation is tax-deductible within the guidelines of U. You may be able to claim a deduction on your tax return if you donate money through crowdfunding if it goes to a qualifying charity. GoFundMe fundraising stories. Start a GoFundMe. Consider setting up a separate bank account to safeguard the funds you raise for charity. This usually matches your marginal rate (your top tax bracket) but it can drop you below the bracket line, in which case it'll be a bit. If You Have A GoFundMe Campaign: Tax Tips. You may verify the license of a professional fundraiser online. Follow our guide to business registration. 501 (c) (3) nonprofits are a specific class of nonprofit organizations recognized by the IRS, including most charitable organizations and churches. The tax rules for those who start a GoFundMe About a third of GoFundMe drives in the United States are created by people hoping to raise money to pay for medical treatments or pay off medical debt . 1. GoFundMe and most other crowdfunding sites usually send 1099-Ks if the campaign raised more than $20,000 and had more than 200 donors. But you can always check with a tax professional to be sure. Receipts for RRSP and PRPP contributions made in the first 60 days of the tax year may not be received until May. ) Confirm the information you've entered is correct, and then select. To donate anonymously, check the box next to “Don't display my name publicly on the fundraiser. Corporate donations are eligible for tax deductions. It’s important to remember that without a written acknowledgment, the donor cannot claim the tax deduction. Then, if you need to, you can also send the sales receipt to the donor as a statement of their donation. When you donate to a GoFundMe Cause, we distribute your tax-deductible donation to the individuals, organizations, and charities that need it most. Edit your name and save. Below are the donation lines that have been established within Pennsylvania personal income tax law. With this option you set a definite deadline and donation goal. And the word KETTO (Pronounced - “Kay-toe”) stands for “Key to Tomorrow”. (To be clear, this is tax is not a gift tax. Typically, money raised through a crowdfunding site such as Go Fund Me is processed through third-party settlement entities such as PayPal. Request a refund. Most reputable tax agents and accountants will require you to keep your donation receipts in order to make a claim, and it’s a necessary practice even if you do your own tax return and lodgement. When GoFundMe started phasing out its 5% platform fee, it initially did so only for personal campaigns, leaving the 5% platform fee in place for charity/nonprofit. April 15 2021. As they treated her injuries, doctors discovered. A cleanup is something that can be done as much or as little as one wants. The tax benefits of donating to charity are simple: Deducting charitable donations from your taxes may reduce the amount of money you’ll owe to the federal government come April 15th, depending on your individual tax situation. Only donations made to GoFundMe charity fundraisers are guaranteed to be tax-deductible in the US, the UK, Canada, Ireland and Australia and will automatically receive tax receipts from our charity partner, PayPal Giving Fund. Start your fundraiser. One transaction fee. In 2021, the exclusion limit is $15,000 per recipient, and it rises to $16,000 in 2022. tion. According to IRS guidelines, you should report the money you receive from GoFundMe on your tax return as "other income. To that end, GoFundMe for nonprofits is likely to be one of many tools that your organization uses to build support and awareness, and CEO Rob Solomon agrees. 2 trillion in financial aid to individuals and businesses affected by COVID-19. This can reduce your taxable income, but to claim the donations, you have to itemize your deductions. You won’t be issued a tax receipt from our company. The total you can claim in a tax year is the lesser of: 33. Appreciate your thoughts. Requesting a donation receipt. 2. By requesting to receive more information, you will be added to our email list. Travel to donors are tax receipt number to discover any charges on crowdfunding campaign to you plan is making donations. When you donate GoFundMe to a registered charity, you will receive a receipt from the giving fund so that you can claim a deduction on your tax return. If you have GoFundMe receipts, you should probably. A bulk or recurring direct donation of auction proceeds would allow you to receive tax receipts. S. cans of soup donated to the Food Bank) Donations made without receiving a valid tax receipt; For corporations, the tax receipt must be made out in the company’s name, and can be 100% deductible. 5 million children reach their potential and lead more fulfilling lives, regardless of the families' ability to pay. The gift tax rate fluctuates from 18-40%, depending on the size of the gift. If you made one or more small cash donations, each of $2 or more, to bucket collections – for example, to collections conducted by a DGR for natural disaster victims – you can claim a total tax deduction of up to $10 for those donations for the income year without a receipt. Apply for an Employer ID Number (EIN) Get answers to your tax questions. ”. The. , the U. ”Email Address. We'll send it to you upon successful completion of your donation. It’s just a matter of reporting,” explained Camenson. Key Takeaways. Send customized thank you notes in minutes. That’s because individuals can write off up to $300 in cash donations, and up to $600 for married. Explore registered charities to make a control deductible donation to on GoFundMe and benefit from an charity trigger deduction this EOFY. Plus, GoFundMe Charity offers your donors the chance to cover your fees entirely. But if you give someone a gift valued between $750,001 and $1,000,000, the marginal gift tax rate would be 39%. People often use crowdfunding to fundraise for a business, for charity, or for gifts. Request a refund for your donation on Facebook. Other Donation QuestionsPersonal Income Tax Donation Options. To enter your charitable donations into TurboTax, you have two options: Enter your charitable donations in our free ItsDeductible program, which is available year-round. Otherwise, the funds will be paid out the following month. $79,452 raised of $482,000. For example, if you raised money from more than 200 donors or your fundraiser exceeded $20,000, you should receive Form 1099-K: Payment Card and Third Party Network Transactions . Tax consequences of charitable crowdfunding. But if you give someone a gift valued between $750,001 and $1,000,000, the marginal gift tax rate would be 39%. A phone agent may open a case for you. Dears,I need a receipt (Spendenbescheinigung) for my tax declaration in Germany. Once you make a donation to a Cause fund, your tax-deductible receipt is automatically emailed to you. Updated. Safe Way to Fundraise # 1 – HelpHopeLive. This refund will happen automatically—you do not need to submit a request. A cancer survivor from Nebraska was sure that her GoFundMe receipts were non-reportable gifts. The IRS allows you to deduct up to 50% of your adjusted gross income (AGI) if the donation is made in cash, although 20% and 30% limits sometimes apply. Important notice. Account settings Keep your GoFundMe account information up to date. Undaunted Women is a female-founded 501 (c) (3) organization. After completing these procedures, I was able to donate anonymously. Why sign in to the Community? Submit a question; Check your notifications; Sign in to the Community or Sign in to TurboTax and start working on your taxesWhen he asks where the money came from just tell him you did a collection and refuse to disclose how much people donated because that would be 'rude' to say :) Joebud1. Then the IRS letter shows up indicating that taxes, interest, and penalties are owed – an event triggered by a 1099-K. This cuts down on people using others’ tragedies or causes for personal gain. taxes, please keep your email donation receipt as your official record. 7. This simultaneously has good ecological benefits. , Canada, Ireland, and Australia and will receive tax receipts automatically from. If you do receive a tax document, it is good practice to keep it for your personal records. Which donations can I claim? You can claim a tax credit based on the eligible amount of your gift to a qualified donee. You'll be prompted to enter their first and last name and email address (The name you enter here will be publicly shown on the fundraiser page. You won’t be issued a tax receipt from our company. If the fundraiser is still active, you can use the contact button to reach out to them. Aside from contribution-only donations to established 501 (c) (3) charities, the gift/non-gift distinction has always been rather subjective. PayPal Giving Fund is the receiving charity for any donation made through our programs, including PayPal’s fundraising page and mobile app, Facebook and GoFundMe. PayPal is a secure payment processing system that allows users to accept donations online. It’s not an increase in tax – the tax rate hasn’t gone up. 30. Pricing & Value for Money. Updated. Requesting a donation receipt. The tax goes to you or the charity. Under the Internal Revenue Code, all income is presumptively taxable. S. law. A customer can ask for a receipt for any purchases under $75. would be delivered to your chosen charity. GST credits are claimable. "With tax rates ranging from 10% to 37%, a $600. Signing up is easy and every donation is yours to keep, whether or not you reach your goal. Get Started for Free!Through the generosity of donors like you, we've been able to help more than 1. Yes. Fundraise for pet emergencies and accidents. This stipulation can become a bit more complicated based on the value of the item or. The website address has changed to canada. Ketto is India's First peer-to-peer crowdfunding platform. ; Account settings Keep your GoFundMe account information up to date. November 6, 2023. The frequently asked questions (“FAQs”) below expand upon the examples. Starting and running a fundraiser What to know when creating, launching, and running your fundraiser. However, in some circumstances, gifts and contributions made by individuals to political parties and independent candidates and members can be claimed as income tax deduction. Everything else goes directly to your cause, because that’s what matters most. Confirm donation and tip amount, then click “Donate now”. 2. Donations made to GoFundMe campaigns are usually considered to be "personal gifts" which, for the most part, aren’t taxed as income. Enter your email address. The platform doesn’t take anything from individual campaigns, instead charging a 2. If you need a copy of your annual donation statement or donation receipt, please call 1-800-822-6344 or use this form to request a copy online. GoFundMe outages reported in the last 24 hours. • A pledged or promised donation is not deductible, only money that is actually given. Certified charity campaigns raise money for a 501 (c) (3) or other registered charity. S. This is the email address on file with their Facebook account, so it’s important that this information is. 33% of your taxable income. If a gift is valued at under $300, the “minor benefit exemption” may apply which means: No Fringe Benefits Tax payable. Create your fundraiser. We'll deliver your donation to your choosen charity, or, in rare cases, a similar charity, if necessary. You get a 1099 for dividends when it’s over $600. Will I receive a receipt for my tax-deductible donation to a Gofundme campaign? Yes, if you make a tax-deductible donation to a registered charity through Gofundme, you will receive a receipt. We provide an annual donation statement for tax-deductible donations made to St. Only donations made to GoFundMe charity fundraisers are guaranteed to be tax-deductible in the US, the UK, Canada, Ireland and Australia and will automatically receive tax receipts from our charity partner, PayPal. Charity donations are typically non-refundable. These donations are typically irrevocable and undesignated contributions, and there may be tax implications for the charity and donor as a result of refunds. S. 2 days ago · WolfTrax. Funds can be used for medical and living expenses, among other needs. PayPal Giving Fund is an IRS-registered 501 (c) (3) public charity (Federal Tax ID: 45-0931286). ; Charity and business Overview of raising. When you donate money or items they will give you a receipt or other from of documentation for your records. Donors can expect to see refunds within 7-10 business days. Start by logging into your account or visiting the GoFundMe page of the person you’d like to help. As most of you know, Darlene was an. Crowdfunding is a rapidly evolving industry. "GoFundMe lets you set up a fundraising campaign for your certified nonprofit. Only donations made to GoFundMe charity fundraisers are guaranteed to be tax-deductible in the US, the UK, Canada, Ireland and Australia and will automatically receive tax receipts from our charity partner, PayPal. HelpHopeLives is an online fundraising site for medical expenses. Key Takeaways. GoFundMe is the best place to fundraise for what you care about, whether you are an individual, group, or organization. Forgot your password? Sign in to to your GoFundMe account and take control of your fundraising efforts. Only donations made towards a Certified Charity campaign are considered to be tax-deductible and will be issued tax receipts at year’s end by PayPal Giving Fund. Get A Receipt For Your Donations. That said, if you use a third-party payment processing website such as GoFundMe to collect donations and distribute them to you, that organization may be required to report your receipts to the IRS and to you on Form 1099-K. The GoFundMe organizer may have decided to deactivate their fundraiser and refund all donors. We'll send it to you upon successful completion of your donation. GoFundMe raised donation tax question. Often, donors request a donation receipt at year-end for tax-filing. A customer can ask for a receipt for any purchases under $75. Many hospitals and doctors offer a discount if you pay cash and/or up front. The following information will help you determine: if you can claim, how much you can claim, when you can claim, what records you will need to keep and what other income tax matters apply.