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August 31, 2022
Question

Reporting PayPal donations

  • August 31, 2022
  • 1 reply
  • 0 views

How should I report PayPal donations on my taxes?

    1 reply

    John-H2021
    August 31, 2022

    Hello

    I'm not sure if you're asking about donations made or donations received.

    For donations made as long as they are to a qualified charity then they get deducted as charitable contributions

    For donations received thye would be considered other income and reported on schedule 1 of the 1040

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