https://ttlc.intuit.com/community/tax-credits-deductions/discussion/charitable-gala-ticket/01/3254646#M313665 <P>Purchased 8 GALA tickets (a full table) 1 for myself and 7 guests.&nbsp; The donation was $100 for each ticket or $800 in total.&nbsp; Can I deduct the $700 for the guests and the FMV for myself e.g. $100 less $75 FMV of meal for $25 deduction and a total deduction of $725.&nbsp; Or can I only deduct $25 x 8 or $200?</P> Wed, 11 Feb 2026 06:12:37 GMT tedstrand 2026-02-11T06:12:37Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/charitable-gala-ticket/01/3254646#M313665 <P>Purchased 8 GALA tickets (a full table) 1 for myself and 7 guests.&nbsp; The donation was $100 for each ticket or $800 in total.&nbsp; Can I deduct the $700 for the guests and the FMV for myself e.g. $100 less $75 FMV of meal for $25 deduction and a total deduction of $725.&nbsp; Or can I only deduct $25 x 8 or $200?</P> Wed, 11 Feb 2026 06:12:37 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/charitable-gala-ticket/01/3254646#M313665 tedstrand 2026-02-11T06:12:37Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-charitable-gala-ticket/01/3254734#M313673 <P>You don't get to deduct the value of the free dinners you gave to your party. &nbsp;If the FMV meal is $75 (this info must generally come from the charity), then your tax deductible donation is $25 x 8 = $200. &nbsp;You bought dinner for 7 friends at $75 each, that's never tax-deductible.</P> Tue, 12 Mar 2024 21:40:28 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-charitable-gala-ticket/01/3254734#M313673 Opus 17 2024-03-12T21:40:28Z