Tax Information for Gift Giving
Donations and Charitable contributions are only deductible if be made to qualified organizations. For a contribution of cash, check, or other monetary gift (regardless of amount), you must maintain as a record of the contribution a bank record or a written communication from the qualified organization containing the name of the organization, the date of the contribution, and the amount of the contribution. Payments to individuals are never deductible. For more information, please visit www.irs.gov/charities.
If your contribution entitles you to merchandise, goods, or services, including admission to a charity ball, banquet, theatrical performance, or sporting event, you can deduct only the amount that exceeds the fair market value of the benefit received.
For more information visit www.irs.gov/charities.
If your contribution entitles you to merchandise, goods, or services, including admission to a charity ball, banquet, theatrical performance, or sporting event, you can deduct only the amount that exceeds the fair market value of the benefit received.
For more information visit www.irs.gov/charities.
| Form 8282 for non-cash donations.pdf |
| form 8283 for non-cash donation over $5000.pdf |