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Level 1
posted Feb 14, 2023 3:01:07 PM

Sponsored a cook off

I sponsored a cook off and a cheerleader can I write that off as a donation and if I can should it be like when I donate to church 

0 4 1061
4 Replies
Employee Tax Expert
Feb 14, 2023 3:15:13 PM

You could treat a monetary contribution to a charitable organization as a deductible contribution for federal tax purposes only to the extent you didn't receive a benefit in return. So if you mean you contibuted money to a qualifying charitable organization and you didn't receive any tangible benefit from it, then you can treat it as a charitable contribution. 

Level 15
Feb 14, 2023 3:17:49 PM

We know nothing about the organization for which you organized a cookoff, nor do we know about whatever yu did for a cheerleader.  Only donations to qualified charities can be entered as deductions.

 

https://ttlc.intuit.com/community/credits-and-deductions/help/what-is-a-qualified-charitable-organization/00/26938

Level 1
Feb 14, 2023 3:19:36 PM

The gym is not a profitable organization and my niece is the cheerleader. 

Level 15
Feb 14, 2023 3:20:54 PM

Then....sorry----neither one counts and cannot be entered on your tax return.