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Are the funds raised taxable?Updated 15 days ago

📄 Here’s what to know about tax forms for fundraising payouts.

💰 A Form 1099 will be issued for any disbursement over $600 within a calendar year.

⚠️ Receiving a Form 1099 does not automatically mean the amount is taxable.

🧾 For guidance specific to your situation, we recommend consulting a trusted tax professional.

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