Are Contributions to Crowdfunding Campaigns Tax-Deductible?

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2025-03-28 14:35:19 -

Crowdfunding has become a popular way for individuals and organizations to raise money for a wide range of causes, from personal projects to charitable initiatives. However, many potential backers may wonder if their contributions to crowdfunding campaigns are tax-deductible. While it might seem like a good idea to claim a tax deduction for supporting a campaign, the answer is not always...

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