What is the fee for Go Fund me?

2. How do the fees work? A transaction fee of 2.9% + $0.30 is automatically deducted from each donation, so you never have to worry about paying a bill.

Can you return money on GoFundMe?

Donors can request a refund of donations made online via the GoFundMe platform (“Platform”) to a fundraiser. GoFundMe will determine, in its sole and absolute discretion, if misuse or abuse has occured.

What is not allowed on GoFundMe?

Sales Prohibited on the Platform: You are not permitted to offer any good or service in exchange for a Donation on the Platform. Data Retention: You acknowledge that GoFundMe has no obligation to you to retain data relating to any account or Fundraiser.

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Do I have to pay taxes on GoFundMe money?

Generally, contributions made to “crowdfunding” campaigns (such as GoFundMe) are considered to be personal gifts, and as such, are not taxed as income to the recipient. The IRS does not consider fundraising proceeds a taxable source of income.

What is the fee for Go Fund me?