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Taking donations

Discussion in 'Forum Management' started by Blakefire, Sep 7, 2015.

  1. Blakefire

    Blakefire Active Member

    Just wondering if I receive donations from users to help out with server cost how does that work with taxes? Also how do users work? The same as donations? I live in the US, more precisely NJ.
  2. Blue

    Blue Well-Known Member

    You have to report it as income on your taxes.
  3. MQK8

    MQK8 Active Member

    I'm not a tax professional so my advice is not binding but anything over $600 over a years time must be reported. Consult your tax professional to be sure.
    Blakefire likes this.

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