Our school is under a 501c3, parents need to bring in $500 via purchases through school fundraising or do a $700 buy-out. Can the $700 buy-out be deducted as a donation?

[Bebita]

the $700 buy-out goes to the PTC or PTA to be used for classroom supplies, field trips, etc.

[KrisD · Accepted solution]

Yes, donations to the school can be reported on your tax return.

Since you only paid, and did not receive any fund raiser merchandise, you can report the entire amount.

[Bebita]

Thank you!  I appreciate the prompt and very well explained response

[KrisD]

Thank you for using TurboTax.