14 Şubat 2013 Perşembe

$250 Threshold for Contribution Reporting--Explanation

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Question:

"The church or religious organization may eitherprovide separate acknowledgments for each single contribution of $250 or moreor one acknowledgment to substantiate several single contributions of $250 ormore. Separate contributions are not aggregated for purposes of measuring the$250 threshold."

Does this mean that in recording and giving tax deduction statements for tithesand offerings that only individual gifts exceeding $250 are tax deductible, andthat only those individuals gifts exceeding $250 are totaled for tax deductiblepurposes? So, a family that gives $50 a week cannot count any of that giving asa deduction?

Answer:

No; any amount given to a charitable organization is taxdeductible. 

The quote in the question above is from a section of Publication1828, explaining that donors who donate $250 or more in a single contribution must have “acontemporaneous, written acknowledgment of the contribution from the recipient church or religiousorganization” in order to claim a deduction for this donation. This is notsaying that donations less than $250 are not deductible, simply that donationsof $250 or more must be documented in order to be deductible.
The quote above also explains that donations of less than $250 are not combined to reach the $250 threshold.
See page 24 of Publication 1828 (Publication 1828) for afull explanation of how churches should report donations.

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