Chad's GoFundMe Tax Confusion Exposed By Podcast Hosts
Hosts mock Chad for believing GoFundMe handles taxes on his comedy special funds, explaining it counts as taxable income.
The hosts discuss Chad's GoFundMe campaign for his comedy special, pointing out his lack of understanding regarding taxes. Chad apparently believes that GoFundMe takes care of the taxes, but the hosts clarify that money raised for a comedy special is considered income, not a gift, and is subject to taxation. They also mock a past claim from Chad that he "made money back on his tax return" despite being self-employed. The hosts note that GoFundMe takes a 3% cut, which is why Daniel Tosh reportedly sent him $500 directly via Zelle to avoid the platform fees. Despite the financial confusion, the hosts acknowledge Chad's ability to stay relevant, noting he "gets zero respect, but gets a lot of people talking."