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February 9, 2025
Question

I was in an apartment building fire last February. A gofundme was started for me and I received almost $8000. Will I get a 1099 for that and have to put on my return?

  • February 9, 2025
  • 1 reply
  • 0 views
I assume I have to put this on my return but I just want to make sure because when I tried to google this, I got several different answers. I want to file my taxes but have not received anything from Gofundme

    1 reply

    DoninGA
    Employee
    February 9, 2025

    Those funds were gifts.  Gifts received are not entered on a tax return, regardless of the amount received.