Donations to RMEF: tax deductible?

[matechakeric]

Any reasons why charitable donations to RMEF, BHA, etc would not be tax deductible?

 

[Oak]

Not as long as you received no goods or services in exchange for your gift.

Edit: I have had business accountants call up and ask for a "donation receipt for Mr. Johnson's donation of $500 on March X of this year," and I had to explain that Mr. Johnson purchased raffle tickets and that's not the way it works.

 

[jryoung]

Not as long as you received no goods or services in exchange for your gift.

Edit: I have had business accountants call up and ask for a "donation receipt for Mr. Johnson's donation of $500 on March X of this year," and I had to explain that Mr. Johnson purchased raffle tickets and that's not the way it works.

Games of chance are not tax deductible LOL

 

[longbow51]

What you can do, is if you buy a fancy RMEF gun for, say, $3500, and the base model is $1500, you can deduct $2000, or so says my accountant and he is very conservative.

Accountants, chime in if you disagree.

 

[matechakeric]

Not as long as you received no goods or services in exchange for your gift.

Edit: I have had business accountants call up and ask for a "donation receipt for Mr. Johnson's donation of $500 on March X of this year," and I had to explain that Mr. Johnson purchased raffle tickets and that's not the way it works.

So you can't claim donations to goodwill if you don't get anything in return?

 

[Oak]

So you can't claim donations to goodwill if you don't get anything in return?

You said "any reason why they wouldn't be deductible." I said no, there is no reason unless you receive goods or services in return.

 

[matechakeric]

You said "any reason why they wouldn't be deductible." I said no, there is no reason unless you receive goods or services in return.

O ok. I guess I misread you my apologies

 

[Oak]

O ok. I guess I misread you my apologies

No need to apologize. My writing is usually full of double negatives and crap like that. You could also just go by my motto: "When in doubt, deduct."

 

[David Gough]

If you don't itemize it doesn't matter anyways.