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I make music on youtube and my equipment is not the greatest. I would like to accept paypal contributions to help me get a better equipment. my question is do i need to declare these donations in my taxes?

I live in canada thank you

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    Are you a recognized charity or some other special type of taxpayer?
    – littleadv
    Commented Dec 19, 2013 at 7:34
  • no its more of a private interest not really a non profit or a charity . i was thinking of using maybe imraising.com
    – user12304
    Commented Dec 19, 2013 at 16:59
  • Is your music-making activity is any way a business? Do you have any other revenue from it, somehow? Commented Feb 21, 2014 at 15:01

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You don't have to declare these donations, but each donor may have to declare it as a non-taxable social assistance payment.

References

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  • "based on a means, needs, or income test and include payments for food, clothing, and shelter requirements." - doesn't this imply there's a requirement of 'need'? Commented Dec 16, 2015 at 18:36
  • The gift tax link is US based. I have no idea what you intend with the other links.
    – brian
    Commented Dec 16, 2015 at 18:36
  • I see now this is another case of necro-bumping. Just to clarify, there's no tax on gifts in Canada. You can beg and live tax free.
    – brian
    Commented Dec 16, 2015 at 18:38

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