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#8
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| Bill wrote: - quote - > > But -- does it go under "cash donations" or
organization, but rather the services of the vehicle, it's a> > "non-cash donations"? =A0 (This has been asked > > before on mtm, but not answered, as far as I > > can tell.) > Since I pay cash for my gas, oil and car service, I would > definitely consider it a "cash donation." Of course, if one > rode a horse, hay would definitely be "non-cash." <G Since it's not the cash that's used for the charitable non cash line itme. Cheer$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#7
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| Bruce E. Cobern wrote: - quote - > "Arthur L. Rubin" <ronnirubin[at]sprintmail.com> wrote:
Ah yes, disregard my reply above. This do change, and I now> > Bill wrote: > > > dwilliams[at]odyssey-sw.com posted: > > But -- does it go under "cash donations" or "non-cash > > donations"? (This has been asked before on mtm, but > > not answered, as far as I can tell.) > Out of pocket expenses for a charitable organization are > cash contributions, and I am almost certain the IRS > instructions say that as well. see at least pub 17 says to report out of pocket expenses as cash contribs. Cheer$, Harlan Lunsford << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#6
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| "Arthur L. Rubin" <ronnirubin[at]sprintmail.com> wrote: - quote - > Bill wrote:
Out of pocket expenses for a charitable organization are> > dwilliams[at]odyssey-sw.com posted: > But -- does it go under "cash donations" or "non-cash > donations"? (This has been asked before on mtm, but > not answered, as far as I can tell.) cash contributions, and I am almost certain the IRS instructions say that as well. -- Bruce E. Cobern, CPA mailto:bec[at]pipeline.com << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#5
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| ronnirubin[at]sprintmail.com posted: - quote - > Bill wrote:
Since I pay cash for my gas, oil and car service, I would> > > dwilliams[at]odyssey-sw.com posted: > > > I volunteer for a not for profit youth sports > > > organization. I was told once that the > > > mileage is deductable but I've been unable > > > to find any information as to whether that is > > > true or not. > > The simplest way to handle this, is to deduct > > 14 cents per mile -- plus any out-of-pocket > > costs for tolls or parking -- on Schedule A, > > under Gifts to Charity. > But -- does it go under "cash donations" or > "non-cash donations"? =A0 (This has been asked > before on mtm, but not answered, as far as I > can tell.) definitely consider it a "cash donation." Of course, if one rode a horse, hay would definitely be "non-cash." <G Credit cards? Who knows? Will the outstanding balance be paid with cash, or by check? And if the check is rubber? Bill << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#4
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| Bill wrote: - quote - > dwilliams[at]odyssey-sw.com posted:
But -- does it go under "cash donations" or "non-cash> > I volunteer for a not for profit youth sports > > organization. I was told once that the mileage > > is deductable but I've been unable to find any > > information as to whether that is true or not. > The simplest way to handle this, is to deduct 14 cents per > mile -- plus any out-of-pocket costs for tolls or parking -- > on Schedule A, under Gifts to Charity. donations"? (This has been asked before on mtm, but not answered, as far as I can tell.) << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#3
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| Yes, at 14 cents a mile or the actual expense whichever is better. Nan, EA in LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
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| "Dale Williams" <dwilliams[at]odyssey-sw.com> wrote: - quote - > I volunteer for a not for profit youth sports organization.
Yes, you can deduct that. See the instructions for schedule> I was told once that the mileage is deductable but I've been > unable to find any information as to whether that is true or > not. A on "Gifts to Charity." If you download Pub i1040 it's on page 81: "If you drove to and from the volunteer work, you may take 14 cents a mile or the actual cost of gas and oil. Add parking and tolls to the amount you claim under either method. But do not deduct any amounts that were repaid to you." M. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
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| dwilliams[at]odyssey-sw.com posted: - quote - > I volunteer for a not for profit youth sports
The simplest way to handle this, is to deduct 14 cents per> organization. I was told once that the mileage > is deductable but I've been unable to find any > information as to whether that is true or not. mile -- plus any out-of-pocket costs for tolls or parking -- on Schedule A, under Gifts to Charity. (There's an alternate method of computing the actual cost of gas and oil, but mileage is more straightforward.) Bill << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| "Dale Williams" <dwilliams[at]odyssey-sw.com> writes: - quote - > I volunteer for a not for profit youth sports organization.
If it's a qualified organization, yes, mileage is> I was told once that the mileage is deductable but I've been > unable to find any information as to whether that is true or > not. deductible. See Publication 526. Phil Marti Topeka, KS << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
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| I volunteer for a not for profit youth sports organization. I was told once that the mileage is deductable but I've been unable to find any information as to whether that is true or not. Sincerely, Dale Williams << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| deduction, mileage, vehicle, volunteer |
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