Do you report donation payments to the IRS?

Do you report donation payments to the IRS?

We do not report your donation payments to the IRS. Although compensation earned from donating plasma is taxable, Parachute does not provide members with a 1099 form. For guidance on the proper way to report this, we recommend speaking to your tax advisor.

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    • Do donation payments have to be claimed when filing taxes?

      Although compensation earned from donating plasma is considered taxable, Parachute does not provide members with a 1099 form. For guidance on the proper way to report this, we recommend speaking to your tax advisor.
    • What do I need to know for my first Parachute donation?

      As a registered Immunotek Donor, your first Parachute visit will be pretty similar to what you are used to with a couple of things to keep in mind. Please be sure to bring your Social Security Card or any other document to verify your SSN to your ...
    • How do I cancel a donation?

      To cancel, tap the ‘Donate’ icon in the navigation menu. Select the date of your existing donation appointment and press the ‘Cancel Booking’ button. Once your existing appointment is canceled you’ll be able to schedule a new one.
    • How do I reschedule a donation?

      To reschedule, tap the ‘Donate’ icon in the navigation menu. Select the date of your existing donation appointment and press the ‘Cancel Booking’ button. Once your existing appointment is canceled you’ll be able to schedule a new one.
    • Can I still go to work after my donation?

      You should be able to carry on with your normal daily activities after donating. We recommend avoiding any strenuous physical activity or heavy lifting because you may experience some tenderness in your donation arm. Make sure to continue to drink ...