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.
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.
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.
