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Are Kickstarter Pledges Taxable Income?
Date: Tuesday, August 02, 2011 @ 21:22:38 UTC

The US Internal Revenue Code defines taxable income as "income from whatever source derived" and allows for many exemptions (such as certain gifts and interest in municipal bonds) and deductions (mortgage interest and charitable giving, for example). And while some people may not see a Kickstarter campaign as revenue in the traditional sense, they shouldn't forget the all-encompassing term "from whatever source derived." Complete Article







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