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posted Jun 3, 2019 1:04:53 PM

I make and donate lapghans to a local nursing home....can I deduct the cost of the yarn?

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Level 3
Jun 3, 2019 1:04:54 PM

Yes, you may.

This, from IRS Publication 526:

"Generally, you can deduct contributions of money or property you make to, or for the use of, a qualified organization. A contribution is “for the use of” a qualified organization when it is held in a legally enforceable trust for the qualified organization or in a similar legal arrangement."

The afghans are for the use of a qualified organization.  Make sure that you get the home's tax identification number for your records.

1 Replies
Level 3
Jun 3, 2019 1:04:54 PM

Yes, you may.

This, from IRS Publication 526:

"Generally, you can deduct contributions of money or property you make to, or for the use of, a qualified organization. A contribution is “for the use of” a qualified organization when it is held in a legally enforceable trust for the qualified organization or in a similar legal arrangement."

The afghans are for the use of a qualified organization.  Make sure that you get the home's tax identification number for your records.