Are Patreon donations tax-deductible?

If the creator is a legally recognized not-for-profit company and you receive nothing of value in return for your payment to them, then some jurisdictions allow the patron to take a tax deduction. read more

Your contribution, less the value of any thank-you gifts you receive, is tax deductible to the full extent provided by law. For example, if the patron pays $100 of which $20 is the deemed value of a tote bag, then only the $80 is considered to be tax deductible. read more

Thus, even Patreon contributions made to charitable organizations may not be tax deductible if any of the rewards received by the contributor are of value. In that case, the value of any benefits received may not be deducted. read more

The USA tax authority is called the Internal Revenue Service (IRS). To comply with IRS regulations Patreon requires all International (Non- USA) creators to complete a W8BEN form where the creator certifies that all of the income was earned outside the USA. Patreon requires W8-BEN forms from all international creators prior to receipt of payment. read more