Did you know that “crowdfunding” may be taxable? “Crowdfunding” is when a project or venture is funded by many small amounts of money raised from a large number of people. This typically takes place online. Often times, “crowdfunding” websites are used. These include sites such as Kickstarter, Indiegogo, Crowdfunder, Donorbox, Paypal, Facebook Fundraising, and GoFundMe.