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625 let's talk about tax, baby!

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How to File a Tax Return

Donations are only going to be taxed deductible if they're to an organization who is a deductible gift recipient. You can also use the ABN Lookup website and you just type in the ABN or the name and it will basically tell you if they are deductible gift recipient or not. A lot of those crowdfunding platforms and social media won't be, but there is some organizations that use those platforms that are obviously deductible. It needs to be a cash donation, but like all things, consult the ATO for their guidance.

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