If I purchased tickets to travel for charity in 2024, but the travel is in 2025, when do I take that deduction?

posted

Connect with an expert

1 Reply

If I purchased tickets to travel for charity in 2024, but the travel is in 2025, when do I take that deduction?

You are a cash basis taxpayer. So a qualified charitable deduction is taken when the cash leaves your bank account.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post