https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-qualifying-for-a-deduction/01/3671322#M351393 <P>You don’t have to give them anything. They have to document the payment themselves and make the case to the IRS that the sponsorship served a legitimate advertising purpose.&nbsp;</P> Mon, 21 Apr 2025 01:37:44 GMT Bsch4477 2025-04-21T01:37:44Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/qualifying-for-a-deduction/01/3671229#M351388 <P>I’m in a pageant and I’m looking for sponsors for my personal cost that this pageant brings. A business is interested in personally giving me 10k as my sponsor. I would like to know if they’re eligible for a tax deduction? If so what kind, and what do I need to give them in order for them to do so? A receipt or a specific form?</P> Sun, 20 Apr 2025 23:01:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/qualifying-for-a-deduction/01/3671229#M351388 PlayaSol 2025-04-20T23:01:47Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-qualifying-for-a-deduction/01/3671322#M351393 <P>You don’t have to give them anything. They have to document the payment themselves and make the case to the IRS that the sponsorship served a legitimate advertising purpose.&nbsp;</P> Mon, 21 Apr 2025 01:37:44 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-qualifying-for-a-deduction/01/3671322#M351393 Bsch4477 2025-04-21T01:37:44Z