Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
esmolock
New Member

I bought a new floor for a nonprofit ballet studio. I am being reimbursed for half the cost. Can I claim the other half as a donation? If so, is it a $ or item donation?

 
1 Best answer

Accepted Solutions
PatriciaV
Expert Alumni

I bought a new floor for a nonprofit ballet studio. I am being reimbursed for half the cost. Can I claim the other half as a donation? If so, is it a $ or item donation?

It depends. Is the ballet studio a registered charity? Did you receive written confirmation of your donation, with the date and the value of your contribution?

If you can adequately document your donation to a registered charity, you may report your contribution on your tax return.

Report this as a dollar contribution unless you actually delivered and/or installed the new floor to the studio.

For more help, see: 

View solution in original post

1 Reply
PatriciaV
Expert Alumni

I bought a new floor for a nonprofit ballet studio. I am being reimbursed for half the cost. Can I claim the other half as a donation? If so, is it a $ or item donation?

It depends. Is the ballet studio a registered charity? Did you receive written confirmation of your donation, with the date and the value of your contribution?

If you can adequately document your donation to a registered charity, you may report your contribution on your tax return.

Report this as a dollar contribution unless you actually delivered and/or installed the new floor to the studio.

For more help, see: 

Dynamic AdsDynamic Ads
Privacy Settings
v