topic Re: I belong to a 501c3 charitable organization and pay annual dues. Are they deductible? If so where are they entered? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where/01/1702388#M162301 <P>Are dues to to The American Legion tax deductible?</P> Sat, 01 Aug 2020 17:44:48 GMT chteske 2020-08-01T17:44:48Z I belong to a 501c3 charitable organization and pay annual dues. Are they deductible? If so where are they entered? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where-are/01/741372#M98099 Thu, 06 Jun 2019 17:28:31 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where-are/01/741372#M98099 jbermie 2019-06-06T17:28:31Z Yes, you can with the restrictions cited below. Please fe... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-you-can-with-the-restrictions-cited-below-please-fe/01/741376#M98101 <DIV> <P><SPAN><B>Yes, you can</B> with the restrictions cited below. Please feel free to post any additional details or questions in the comment section. <BR /></SPAN></P> <P>See link below that explains&nbsp;<B>how to enter charitable contributions&nbsp;</B>using TurboTax (click the&nbsp;<U>How to manually enter your donations in TurboTax</U>&nbsp;link to open it):</P> <P><A href="https://ttlc.intuit.com/replies/4797927" target="_blank"><STRONG>https://ttlc.intuit.com/replies/4797927</STRONG></A><STRONG><BR /></STRONG></P> <P><STRONG>From the IRS:</STRONG></P> <P><STRONG>"Membership fees or dues.</STRONG></P> <A rel="nofollow" target="_blank"></A><P>You may be able to deduct membership fees or dues you pay to a qualified organization. However, you can deduct only the amount that is more than the value of the benefits you receive.</P> <P>You can't deduct dues, fees, or assessments paid to country clubs and other social organizations. They aren't qualified organizations.</P> </DIV><DIV> <P><EM><STRONG>Certain membership benefits can be disregarded.</STRONG></EM></P> <P>Both you and the organization can disregard the following membership benefits if you get them in return for an annual payment of $75 or less.</P> <DIV> <OL> <LI> <P><SPAN>Any rights or privileges, other than those discussed under&nbsp;<A href="https://www.irs.gov/publications/p526#en_US_2017_publink1000229653" rel="nofollow" target="_blank"><EM>Athletic events</EM>&nbsp;</A>, earlier, that you can use frequently while you are a member, such as:</SPAN></P> <DIV><OL> <LI><P>Free or discounted admission to the organization's facilities or events,</P></LI> <LI><P>Free or discounted parking,</P></LI> <LI><P>Preferred access to goods or services, and</P></LI> <LI><P>Discounts on the purchase of goods and services.</P></LI> </OL></DIV> </LI> <LI><P>Admission, while you are a member, to events open only to members of the organization if the organization reasonably projects that the cost per person (excluding any allocated overhead) isn't more than $10.70."</P></LI> </OL> <P><STRONG>"Athletic events.</STRONG></P> <A rel="nofollow" target="_blank"></A><P>If you make a payment to, or for the benefit of, a college or university and, as a result, you receive the right to buy tickets to an athletic event in the athletic stadium of the college or university, you can deduct 80% of the payment as a charitable contribution.</P> <P>If any part of your payment is for tickets (rather than the right to buy tickets), 100% of that part isn't deductible. Subtract the price of the tickets from your payment. You can deduct 80% of the remaining amount as a charitable contribution.</P> <DIV> <P><STRONG>Example 1.</STRONG></P> <P>You pay $300 a year for membership in a university's athletic scholarship program. The only benefit of membership is that you have the right to buy one season ticket for a seat in a designated area of the stadium at the university's home football games. You can deduct $240 (80% of $300) as a charitable contribution.</P> </DIV> <DIV> <P><STRONG>Example 2.</STRONG></P> <P><SPAN>The facts are the same as in&nbsp;<EM>Example 1</EM>&nbsp;except your $300 payment includes the purchase of one season ticket for the stated ticket price of $120. You must subtract the usual price of a ticket ($120) from your $300 payment. The result is $180. Your deductible charitable contribution is $144 (80% of $180)."</SPAN></P> </DIV> </DIV> </DIV><BR /><BR /><BR /><BR /><BR /> Thu, 06 Jun 2019 17:28:33 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-you-can-with-the-restrictions-cited-below-please-fe/01/741376#M98101 MichaelDC 2019-06-06T17:28:33Z Re: I belong to a 501c3 charitable organization and pay annual dues. Are they deductible? If so where are they entered? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where/01/1702388#M162301 <P>Are dues to to The American Legion tax deductible?</P> Sat, 01 Aug 2020 17:44:48 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where/01/1702388#M162301 chteske 2020-08-01T17:44:48Z Re: I belong to a 501c3 charitable organization and pay annual dues. Are they deductible? If so where are they entered? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where/01/1702549#M162307 <P>IRS Publication 526 notes that only membership fees above the value of any benefits received from the organization can be deducted as a charitable contribution.&nbsp; Only the Legion can supply this number.&nbsp;</P> Sat, 01 Aug 2020 23:28:21 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where/01/1702549#M162307 HACKITOFF 2020-08-01T23:28:21Z
This XML file does not appear to have any style information associated with it. The document tree is shown below.
<rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:taxo="http://purl.org/rss/1.0/modules/taxonomy/" version="2.0">
<channel>
<title>
topic Re: I belong to a 501c3 charitable organization and pay annual dues. Are they deductible? If so where are they entered? in Deductions & credits
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where/01/1702388#M162301
</link>
<description>
<P>Are dues to to The American Legion tax deductible?</P>
</description>
<pubDate>Sat, 01 Aug 2020 17:44:48 GMT</pubDate>
<dc:creator>chteske</dc:creator>
<dc:date>2020-08-01T17:44:48Z</dc:date>
<item>
<title>
I belong to a 501c3 charitable organization and pay annual dues. Are they deductible? If so where are they entered?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where-are/01/741372#M98099
</link>
<description/>
<pubDate>Thu, 06 Jun 2019 17:28:31 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where-are/01/741372#M98099
</guid>
<dc:creator>jbermie</dc:creator>
<dc:date>2019-06-06T17:28:31Z</dc:date>
</item>
<item>
<title>
Yes, you can with the restrictions cited below. Please fe...
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-you-can-with-the-restrictions-cited-below-please-fe/01/741376#M98101
</link>
<description>
<DIV> <P><SPAN><B>Yes, you can</B> with the restrictions cited below. Please feel free to post any additional details or questions in the comment section. <BR /></SPAN></P> <P>See link below that explains&nbsp;<B>how to enter charitable contributions&nbsp;</B>using TurboTax (click the&nbsp;<U>How to manually enter your donations in TurboTax</U>&nbsp;link to open it):</P> <P><A href="https://ttlc.intuit.com/replies/4797927" target="_blank"><STRONG>https://ttlc.intuit.com/replies/4797927</STRONG></A><STRONG><BR /></STRONG></P> <P><STRONG>From the IRS:</STRONG></P> <P><STRONG>"Membership fees or dues.</STRONG></P> <A rel="nofollow" target="_blank"></A><P>You may be able to deduct membership fees or dues you pay to a qualified organization. However, you can deduct only the amount that is more than the value of the benefits you receive.</P> <P>You can't deduct dues, fees, or assessments paid to country clubs and other social organizations. They aren't qualified organizations.</P> </DIV><DIV> <P><EM><STRONG>Certain membership benefits can be disregarded.</STRONG></EM></P> <P>Both you and the organization can disregard the following membership benefits if you get them in return for an annual payment of $75 or less.</P> <DIV> <OL> <LI> <P><SPAN>Any rights or privileges, other than those discussed under&nbsp;<A href="https://www.irs.gov/publications/p526#en_US_2017_publink1000229653" rel="nofollow" target="_blank"><EM>Athletic events</EM>&nbsp;</A>, earlier, that you can use frequently while you are a member, such as:</SPAN></P> <DIV><OL> <LI><P>Free or discounted admission to the organization's facilities or events,</P></LI> <LI><P>Free or discounted parking,</P></LI> <LI><P>Preferred access to goods or services, and</P></LI> <LI><P>Discounts on the purchase of goods and services.</P></LI> </OL></DIV> </LI> <LI><P>Admission, while you are a member, to events open only to members of the organization if the organization reasonably projects that the cost per person (excluding any allocated overhead) isn't more than $10.70."</P></LI> </OL> <P><STRONG>"Athletic events.</STRONG></P> <A rel="nofollow" target="_blank"></A><P>If you make a payment to, or for the benefit of, a college or university and, as a result, you receive the right to buy tickets to an athletic event in the athletic stadium of the college or university, you can deduct 80% of the payment as a charitable contribution.</P> <P>If any part of your payment is for tickets (rather than the right to buy tickets), 100% of that part isn't deductible. Subtract the price of the tickets from your payment. You can deduct 80% of the remaining amount as a charitable contribution.</P> <DIV> <P><STRONG>Example 1.</STRONG></P> <P>You pay $300 a year for membership in a university's athletic scholarship program. The only benefit of membership is that you have the right to buy one season ticket for a seat in a designated area of the stadium at the university's home football games. You can deduct $240 (80% of $300) as a charitable contribution.</P> </DIV> <DIV> <P><STRONG>Example 2.</STRONG></P> <P><SPAN>The facts are the same as in&nbsp;<EM>Example 1</EM>&nbsp;except your $300 payment includes the purchase of one season ticket for the stated ticket price of $120. You must subtract the usual price of a ticket ($120) from your $300 payment. The result is $180. Your deductible charitable contribution is $144 (80% of $180)."</SPAN></P> </DIV> </DIV> </DIV><BR /><BR /><BR /><BR /><BR />
</description>
<pubDate>Thu, 06 Jun 2019 17:28:33 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-you-can-with-the-restrictions-cited-below-please-fe/01/741376#M98101
</guid>
<dc:creator>MichaelDC</dc:creator>
<dc:date>2019-06-06T17:28:33Z</dc:date>
</item>
<item>
<title>
Re: I belong to a 501c3 charitable organization and pay annual dues. Are they deductible? If so where are they entered?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where/01/1702388#M162301
</link>
<description>
<P>Are dues to to The American Legion tax deductible?</P>
</description>
<pubDate>Sat, 01 Aug 2020 17:44:48 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where/01/1702388#M162301
</guid>
<dc:creator>chteske</dc:creator>
<dc:date>2020-08-01T17:44:48Z</dc:date>
</item>
<item>
<title>
Re: I belong to a 501c3 charitable organization and pay annual dues. Are they deductible? If so where are they entered?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where/01/1702549#M162307
</link>
<description>
<P>IRS Publication 526 notes that only membership fees above the value of any benefits received from the organization can be deducted as a charitable contribution.&nbsp; Only the Legion can supply this number.&nbsp;</P>
</description>
<pubDate>Sat, 01 Aug 2020 23:28:21 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-belong-to-a-501c3-charitable-organization-and-pay-annual-dues-are-they-deductible-if-so-where/01/1702549#M162307
</guid>
<dc:creator>HACKITOFF</dc:creator>
<dc:date>2020-08-01T23:28:21Z</dc:date>
</item>
</channel>
</rss>