Gittip - Set up recurring tips to people who do great work.

Re:Gittip - Set up recurring tips to people who do great work. by devfuel on Tuesday June 05, 2012 @01:11PM (#4069569)

Is an interesting idea. Presumably taxes are the responsibility of the recipient when they "withdraw"?

Also, would it be appropriate to have a widget? Includes stuff like:

-"Hey. Here is how you can support this work"

-Gittip Overview Link

-Github handle

-Public income numbers

Or is that too "gimme"? Is this meant to be more of a "for hackers by hackers" thing? Or more mainstream?

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Re:Gittip - Set up recurring tips to people who do great work. by whit537 on Tuesday June 05, 2012 @01:49PM (#4069790)

Gifts don't count as income in the US. There's a gift tax on the donor, but that doesn't kick in until you give $13,000 per person per year. Not sure about other countries.

Widget: Heck yeah! Wanna write one? :-)

Intended to be mainstream, starting w/ Github. But Guido isn't on Github, only Google+. :-(

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Re:Gittip - Set up recurring tips to people who do great work. by devfuel on Tuesday June 05, 2012 @02:17PM (#4069969)

Yeah...i had to look at the distinction between "gifts" and "tips" a bit on the IRS site. I am sure a tax accountant can clarify, but (in my mind) the name "gittip" had put it informally in the tip category. A little digging made it seem like that was a restaurant-related thing. Does simply earmarking money as a "gift" make it so? Is it a special rule in restaurants (in US) that prevent you from giving a "gift" instead of a "tip"? But I digress.

Perhaps it is just a potential FAQ situation: "If I get some 'gittips' what are my tax responsibilities?"

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