Blockland Forums > General Discussion
Donation Systems for Servers
The Resonte!:
--- Quote from: Greek2me on November 09, 2013, 09:45:07 AM ---I'm curious whether anybody that has donation systems is reporting them on tax forms.
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elaborate
as long as it isn't a pay2win server
Frankie²:
--- Quote from: The Resonte! on November 09, 2013, 09:54:00 AM ---elaborate
as long as it isn't a pay2win server
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legally it counts as income
you could get it taken away because of tax fraud if you dont
unless you legally sign up your server as non-profit
Wispfire:
--- Quote from: Greek2me on November 09, 2013, 09:45:07 AM ---I'm curious whether anybody that has donation systems is reporting them on tax forms.
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I doubt it. Badspot hasn't specifically said that no one but him can gain money from server donations/server hosting, so technically it would seem to be just as if a friend you know gave you $5 for being a good friend.
Blockzillahead:
--- Quote from: XR-7 on November 08, 2013, 11:36:23 PM ---Tezuni also uses what donations he reaps to keep the server(s) running. They pay his RTB hosting bills.
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Where exactly does it say that the money goes directly to RTB hosting?
Greek2me:
--- Quote from: Wispfire on November 09, 2013, 10:11:18 AM ---I doubt it. Badspot hasn't specifically said that no one but him can gain money from server donations/server hosting, so technically it would seem to be just as if a friend you know gave you $5 for being a good friend.
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It still counts as income, though, and it's tax fraud if you don't report it. PayPal tells the IRS that they paid you a certain amount, and the IRS expects you to report that you received that amount.