- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Thanks Coleen!! That was speedy! I read at <a rel="nofollow" target="_blank" href="https://money.stackexchange.com/questions/61949/can-i-deduct-childs-charitable-deduction-from-my-tax...> that I can claim the deduction if I make the donation on my child's behalf. Is that right? I have an official statement for each of the three children who donated. But does that make the distinction that I cannot claim it since the receipt is in their name? It's essentially pay I give them for work around the house >>> "[Y]ou can deduct contributions you make in someone else’s name. So if you donated a certain amount of money to XYZ charity in your child’s name, for example, you would be able to deduct this amount on your taxes, as long as the deduction requirements are met. You will need to keep accurate records of the payment along with the receipt from the organization to prove you financed the donation."
June 4, 2019
6:57 PM