turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

melvin
New Member

Can I still claim deductions on Form 1040? I donated to a 501 (c) 3 nonprofit in 2017. They sent me a tax receipt but have closed their organization on 1/01/2018. Thanks

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
DeniseF1
New Member

Can I still claim deductions on Form 1040? I donated to a 501 (c) 3 nonprofit in 2017. They sent me a tax receipt but have closed their organization on 1/01/2018. Thanks

Yes.  If they had an active exemption status during the time of your donation in 2017, you can claim the contribution.

View solution in original post

4 Replies
DeniseF1
New Member

Can I still claim deductions on Form 1040? I donated to a 501 (c) 3 nonprofit in 2017. They sent me a tax receipt but have closed their organization on 1/01/2018. Thanks

Yes.  If they had an active exemption status during the time of your donation in 2017, you can claim the contribution.

melvin
New Member

Can I still claim deductions on Form 1040? I donated to a 501 (c) 3 nonprofit in 2017. They sent me a tax receipt but have closed their organization on 1/01/2018. Thanks

Thank you kindly.

Can I still claim deductions on Form 1040? I donated to a 501 (c) 3 nonprofit in 2017. They sent me a tax receipt but have closed their organization on 1/01/2018. Thanks

Yes, you aren't responsible for what happens to the organization as long as they were qualified at the time.

(In most states, when a tax exempt organization closes, it must transfer any remaining assets to another similar exempt organization anyway.)

melvin
New Member

Can I still claim deductions on Form 1040? I donated to a 501 (c) 3 nonprofit in 2017. They sent me a tax receipt but have closed their organization on 1/01/2018. Thanks

Thank you Opus 17. Really appreciate your quick response. Cheers.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies