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881: Friday Q&A: Estate Properties, Individual Stock Investing, Getting Over Past Financial Mistakes, How to Handle Donations for a Serious Medical Issue

Radical Personal Finance

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Go Fund Me

The annual sion amount for gifts, meaning the amount of money that any one person can give another person without having to file any form of gift tax return. So as long as no one has given you more than that individually, even through go fund me, then it's just not a thing. A doesn't mean the money is taxed, by the way. It just means that a tax return needs to be filed on it. But through gofundme, most likely the 60 thousand dollars is representing a lot of different individual donations.

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