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New Member
posted May 31, 2019 6:53:31 PM

I created a donor advised fund in 2016, but did not fund it until 2017 can I deduct this amount as though I made it in 2016?

the money was sent using a wire transfer in 2016, but the money wasn't received until 2017

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1 Best answer
Alumni
May 31, 2019 6:53:40 PM

Sorry, but you cannot.  Charitable contributions are only deductible in the year paid.

4 Replies
Level 15
May 31, 2019 6:53:32 PM

Does your bank statement show the money withdrawal having left your account in 2016?

New Member
May 31, 2019 6:53:37 PM

no

Level 15
May 31, 2019 6:53:39 PM

Then you only have a 2017 contribution. Even if the money did leave in 2016, it would be questionable.

Alumni
May 31, 2019 6:53:40 PM

Sorry, but you cannot.  Charitable contributions are only deductible in the year paid.