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Little league asked to sell chocolates as a fundraiser or give $50.00 to otp out, are the $50 deductible?
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Little league asked to sell chocolates as a fundraiser or give $50.00 to otp out, are the $50 deductible?
You can only deduct a contribution to an IRS qualified charity
See IRS Qualified Charity List
In addition, to deduct a contribution, you must itemize deductions which you can only do by upgrading to TurboTax Deluxe Edition
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Little league asked to sell chocolates as a fundraiser or give $50.00 to otp out, are the $50 deductible?
You can only deduct a contribution to an IRS qualified charity
See IRS Qualified Charity List
In addition, to deduct a contribution, you must itemize deductions which you can only do by upgrading to TurboTax Deluxe Edition
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Little league asked to sell chocolates as a fundraiser or give $50.00 to otp out, are the $50 deductible?
Thank you! I had no idea we can check which organizations are qualified. Thanks for the information, very helpful!
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Little league asked to sell chocolates as a fundraiser or give $50.00 to otp out, are the $50 deductible?
Your welcome and thanks for choosing TurboTax..
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