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Deductions & credits
What about if the organization in this example decides to allow them to add an additional 40 to "cover the cost" of the transaction fee so that $2000 is still net to the organization. So the transaction is $2040 to the donor, but the organization is still going to have a 2% fee in this example from the $2040 which would net $1999.20. Shouldn't the donor still deduct the transaction as it shows on their statement the full $2040? They choose to have it go towards the fees but in fact it's an additional donation to the organization.
‎January 3, 2025
5:29 PM