turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Anonymous
Not applicable

Parochial school fundraisers deductible?

If I purchase magazines or candy from parochial school fundraiser, is that considered a charitable tax deduction?
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Gayle
New Member

Parochial school fundraisers deductible?

In general, you are not allowed to claim a charitable donation for donations in which you receive an economic benefit. The only exception is if the amount of your charitable contribution exceeds the value of the economic benefit you receive in return. If so, you can claim a charitable deduction for the excess

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies