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What Is Crowdfunding? Here’s What You Need to Know

Fundera

It’s growing exponentially—so much so that the crowdfunding industry is predicted to grow to $300 billion by year 2030. In short, a 1099-K identifies that the entity running the campaign has either received over $20,000 in funding or has acquired over 200 transactions on their campaign. Charitable Donation.

article thumbnail

What Is Crowdfunding? Here’s What You Need to Know

Fundera

It’s growing exponentially—so much so that the crowdfunding industry is predicted to grow to $300 billion by year 2030. In short, a 1099-K identifies that the entity running the campaign has either received over $20,000 in funding or has acquired over 200 transactions on their campaign. Charitable Donation.