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Retirement tax questions
It depends on what the contribution is used for.
According to the IRS: IRC 170(c)(4) provides that, in the case of a contribution or gift by any individual, the term “charitable contribution” includes a contribution or gift to or for the use of a domestic fraternal society, order, or association, operating under the lodge system, but only if such contribution or gift is to be used exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals.
Contributions for fraternal or social purposes are not deductible.
June 4, 2019
2:42 PM