How do the taxes work?

 If you're an individual fundraising for a nonprofit...

Crowdfunding for a nonprofit, tax-deductible 501c3 means that as the organizer of the campaign, you should have no tax liability. This also means that you can only claim donations which you personally made and received a donation receipt for, and not the combined donations for your entire campaign.

For more detailed information about how taxes apply to your personal situation, we recommend consulting with a tax professional, as everyone's finances are so unique.

If you're a donor...

You'll want to consult with a tax professional to make sure that your donation will qualify for a deduction on your taxes. You'll get a receipt in your email with all of the information you'll need.

Check out This Article about what to expect with your receipt and more.