Always consult with a Certified Public Accountant (CPA) regarding
your specific situation. Generally speaking, receiving a financial
gift/donation in the U.S. is usually not considered income and is
usually not taxed as income. However, you may be subject to taxes if
you make any promises of goods or services in return for financial
support.
As always, please ask a CPA if any financial gifts/donations you
receive could affect any other income or assistance you are
currently receiving or plan to receive in the future.
Additionally, in the U.S. an individual may give up to $19,000 per
year to another individual. This amount increases to $38,000 per
year for gifts coming from married couples. This is called 'The Gift
Tax Exclusion'. For annual gifts exceeding these amounts, please
consult with your CPA.
For detailed tax information in your location, please consult with a
Certified Public Accountant (CPA) in your city.