Taxes on books sold for charity
so I aold about 450 copies of my book this year and it made about $1500 in profits. All proceeds go to charity but as I got the federal taxes out of it about $1000 is left. That is not even accounting for income tax. I am planning on dividing the money through the different charities in about a month (1 yr anniversary of publishing)
I am sort of clueless about this stuff, is there a way I could pay less tax on it?