- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
For limitations on donations to veteran's groups, define veteran's group, e.g. is an organization to support veteran's needs included in the % donation limitation?
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
For limitations on donations to veteran's groups, define veteran's group, e.g. is an organization to support veteran's needs included in the % donation limitation?
It depends on how the charitable organization is listed with the IRS. The 30 percent limitation applies to private foundations (code PF). You can check the organization to confirm it is a qualified charitable organization by going to this link Exempt Organizations Then, go to this link Deductibility Status Codes to see if they are a 30% or 50% organization.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
For limitations on donations to veteran's groups, define veteran's group, e.g. is an organization to support veteran's needs included in the % donation limitation?
It depends on how the charitable organization is listed with the IRS. The 30 percent limitation applies to private foundations (code PF). You can check the organization to confirm it is a qualified charitable organization by going to this link Exempt Organizations Then, go to this link Deductibility Status Codes to see if they are a 30% or 50% organization.
Still have questions?
Or browse the Forums