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.