Writer Peter David is in "desperate trouble" with the IRS
#28
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Re: Writer Peter David is in "desperate trouble" with the IRS
1) If these are just gifts to a non-exempt organization (like David) then technically the giver has to pay the taxes in some cases, but that's not really going to be a consideration here unless he got a large single gift.
2) There is still a threshold which he would be well past.
But as was mentioned above, he does seem to realize this and asked for an amount which would cover both (although technically the tax portion would still be a gift).
At this point I would imagine the IRS would love getting the money either way.
#29
DVD Talk Legend
Re: Writer Peter David is in "desperate trouble" with the IRS
The Update 4 on gofundme says they're 3/4 the way to their goal. He's also going to set up a Patreon after the tax goal is reached to get some monthly income by releasing unpublished stories and the like to patrons.
https://www.gofundme.com/peter-david-needs-your-help