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    clark june's Avatar
    clark june Posts: 1, Reputation: 1
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    #1

    Jun 5, 2012, 03:59 AM
    Taxes on funds collected from a personal fund raiser
    We are having a fund raiser to help family pay for my daughter-in-law's custodial care. She requires 24/7 custodial care due to brain damage. I need to know any tax liability on the donations collected.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Jun 5, 2012, 04:34 AM
    I would do nothing before consulting with either an Attorney or a CPA. These can be dangerous waters.

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