topic Is donor-advised account applied only one-time for deduction/credit that is the tax year that account is established? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/is-donor-advised-account-applied-only-one-time-for-deduction-credit-that-is-the-tax-year-that/01/3074984#M1123021 Tue, 24 Feb 2026 06:39:39 GMT jimk719 2026-02-24T06:39:39Z Is donor-advised account applied only one-time for deduction/credit that is the tax year that account is established? https://ttlc.intuit.com/community/taxes/discussion/is-donor-advised-account-applied-only-one-time-for-deduction-credit-that-is-the-tax-year-that/01/3074984#M1123021 Tue, 24 Feb 2026 06:39:39 GMT https://ttlc.intuit.com/community/taxes/discussion/is-donor-advised-account-applied-only-one-time-for-deduction-credit-that-is-the-tax-year-that/01/3074984#M1123021 jimk719 2026-02-24T06:39:39Z Re: Is donor-advised account applied only one-time for deduction/credit that is the tax year that account is established? https://ttlc.intuit.com/community/taxes/discussion/re-is-donor-advised-account-applied-only-one-time-for-deduction-credit-that-is-the-tax-year-that/01/3075001#M1123022 <P>Hello jimk719,</P> <P>Thank you for joining us for the Ask the Experts Event. As to your question, you are correct--the donation is claimed in the year it is made and then the organization has legal control over it where you can retain advisory privileges. See <A href="https://www.irs.gov/charities-non-profits/charitable-organizations/donor-advised-funds" target="_blank" rel="noopener">this article</A> from the IRS.</P> <P>&nbsp;</P> <P>I hope that helps.</P> Wed, 28 Jun 2023 22:36:01 GMT https://ttlc.intuit.com/community/taxes/discussion/re-is-donor-advised-account-applied-only-one-time-for-deduction-credit-that-is-the-tax-year-that/01/3075001#M1123022 Anonymous 2023-06-28T22:36:01Z