OK...our class president, etc. all live out of state; I still live in the city we where we went to HS.
We have a FB group to inform classmates & chat.
A classmate reached out to me to set up a Go Fund Me to collect funds for our 40th next year.
I have done some digging online & I'm not 100% sure I should do this.
I don't want to put my husband & I at any tax risk for doing this.
We would not personally profit from it in any way, but it requires me to give my SS # to set it up.
My research says it "probably" would not trigger paying taxes.
Thoughts?
Other ideas on how to collect money easily from people all over the country?
Thanks!
We have a FB group to inform classmates & chat.
A classmate reached out to me to set up a Go Fund Me to collect funds for our 40th next year.
I have done some digging online & I'm not 100% sure I should do this.
I don't want to put my husband & I at any tax risk for doing this.
We would not personally profit from it in any way, but it requires me to give my SS # to set it up.
My research says it "probably" would not trigger paying taxes.
Thoughts?
Other ideas on how to collect money easily from people all over the country?
Thanks!