Skip to main content
Level 1
June 8, 2022
Question

CCRC gift

  • June 8, 2022
  • 1 reply
  • 6 views

I live in a CCRC not for profit community. I would like to buy a new pool table for the community rec room. Is any or all of the cost for the table and installation tax deductible?

    1 reply

    Level 6
    June 8, 2022

    Hello @normsuzie :

     

    Since this is a gift/donation, you can put it in your tax return as such. Be sure to keep all the paperwork for the purchase to show to the IRS, if required.

     

    Thank you!

    OpeA1

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