Is Money Raised Through Crowdfunding Taxable?
Withum
MARCH 29, 2022
However, The American Rescue Plan Act of 2021 clarifies that Form 1099-K is not required if the contributor to the crowdfunding campaign does not receive goods or services for their contributions. Author: Jeremias Ramos , CPA | jramos@withum.com. Business Tax Services. Contact Us. Contact Us.
Let's personalize your content