SusanY1
Expert Alumni

Deductions & credits

A canceled check is a check that has been presented to a bank, cashed (or cleared), and then "canceled" by the bank.  Most banks preserve images of these checks on a customer's account statement.   These checks show proof that the funds were received by the party to which the check was issued.  

 

What you describe would be a voided check, which is not proof of payment.

 


To substantiate a cash dollar bill donation to a qualified charity, you should ask for a receipt and retain this receipt with your other important tax records.  The receipt should list the name, address, and phone number of charity along with the date and amount of the donation.  

 

 

 

@kas123

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"