Sleepless Knight
Jedi Knight Seeking His Jedi Princess
- Joined
- May 15, 2008
- Messages
- 4,986
I work in an accounting office and we were discussing this today. According to internal revenue code, in order for a contribution to be tax deductible, it must be made directly to a qualified charitable organization. Since tickets were purchased directly from Disney and not the charity, none of the $250 is deductible. Anybody who purchased tickets to this event will not be able to legally deduct it on their tax return.
Without a letter from the charity thanking you for the donation and noting the amount of your contribution, claiming this as a charitable contribution will not stand up in an audit.
Without a letter from the charity thanking you for the donation and noting the amount of your contribution, claiming this as a charitable contribution will not stand up in an audit.