In years past, I could deduct 80% of my contribution to the college athletic fund even though I gained access to seats and priority level associated with seating and parking.
With the new law, I had understood that the seat guarantee (provide $X for right to buy seat) and maybe the the parking guarantee (same) would be excluded.
However because points are awarded, it sounds like I may not be eligible to deduct any of my contribution. Is that the case? I thought the IRS was supposed to make a clarifying statement, but I have not seen any information on searches on their page.
