Thus, the cost of pancake breakfasts, charity auctions, Girl Scout cookies etc are not deductible as charitable contributions. Generally, when you receive something of value for making a donation, the value of the item is not deductible. Without such a record, no deduction is allowed. This typically involves claiming that cash was donated through a house of worship’s collection plate or holiday charity kettle.Īll cash contributions must be verified with a bank record or a written record from the charity. The IRS will generally include charitable contributions in every audit, no matter what triggered the audit in the first place. I f the value of the donation is more than $500 for the year, a detailed list of the items that the taxpayer contributed is needed. The IRS requires documentation from the charity. This is probably one of the most commonly inflated tax deductions.
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