GoFundMe donations are NOT tax deductible as a charitable donation nor as a political donation.
Not that folks don't try.
Ha! Do you spell Karma with a C or a K???
If the org raising $ is a c3, then it’s deductible.
Unless the person receiving the money on GoFundMe is doing something in return for this money, it's not taxable to the recipient or giver, unless the amount exceeds the gift tax exemption limit. Gift taxes are paid by the giver of the gift, not the recipient. For 2017, an individual can donate up to the exclusion (not total) limit of $14,000 to any number of recipients (that is, as long as each recipient doesn't receive more than $14,000, it's not taxable to the giver).