The donation tag has no wiki summary.
3
votes
1answer
89 views
How can I donate money to the Canadian federal government?
Lots of governments accept donations from members of the public. For example, I know the government of Ontario accepts donations through the Ontario Opportunities Fund. I also know that the US federal ...
4
votes
2answers
421 views
Donation Value Of “One Bag Of Clothing”
Early last year, I donated some clothes to Goodwill and received a donation receipt for "one bag of clothing."
I have no memory or documentation of exact contents to calculate an amount.
Given only ...
5
votes
1answer
52 views
Apartment donation or gift for foreigner living in US
Some of my relatives would like to donate or move an apartment on my name. However, there are a few things...
I am a Romanian citizen living in the US (on a non-immigrant visa)
The apartment is in ...
6
votes
1answer
134 views
Can I deduct my Goodwill donations from my taxes in Kentucky?
On our Goodwill receipt, it says that special rules apply to donations over $500. We have made two donations this calendar year, each being in excess of $400 (i.e. total >$800).
Do the special rules ...
4
votes
2answers
308 views
Are in-kind donations from my S-Corp tax-deductible in any way?
I have an S Corp that each year, sponsors a film festival by creating their website for free. In return, they print our logo in their program guide. Last year, I gave them 80 hours of work building ...
5
votes
2answers
195 views
Canceling a credit card with recurring/automatic payments
I am canceling a credit card because I am extremely unhappy with the bank. I have several recurring pledges and donations linked to this card.
Do I need to contact each organization individually and ...
9
votes
2answers
2k views
How should I handle taxes for Minecraft server donations?
I run a Minecraft server and there is a donation button so players can help support the costs. I pay out of pocket for the rest, it's $125/mo.
The money they donate goes right to paypal which is ...
7
votes
1answer
130 views
What are the (US) tax implications for donationware?
I'm an individual and not a part of any nonprofit organization. What, if any, tax implications are there for donationware in the US (as a recipient of funds)? The product would be software and/or ...
1
vote
1answer
82 views
US Simple donation taxation question
If i take in 50k of income and donate 40k to a 501(c)(3) non-profit, how much money will have to pay taxes on?
I am a sole proprietorship.
Thanks!
7
votes
3answers
956 views
Paypal website donations without being a charity
I would like to receive donations on a website instead of having commercials or subscription fees. I am an individual, not a non-profit organization and will not be giving tax-deductible receipts. Is ...
5
votes
3answers
163 views
Which payment plan is better to pay for tuition?
My kids go to a private school that's attached to a religious congregation. As far as paying tuition, they offered me a choice between these 2 deals:
$1296 per month (for 12 months).
$1156 per ...
5
votes
2answers
85 views
Tips to putting the yearly health insurance payments to work
I have been making my annual $1.5k health insurance payments to Blue Cross and now it feels like I am pouring money down the drain year after year!
Since I exercise daily, eat healthy and keep myself ...
5
votes
3answers
618 views
How can I calculate the value of donated clothing for tax purposes?
I have many clothing items that I plan on donating to a local charitable/religious organization. I want to include the value of these items as a charitable deduction on my income tax, but I don't know ...
2
votes
1answer
643 views
Are donations to public schools tax deductible like a 501(c)(3) organization?
In the United States, are donations to public schools like a local elementary school deductible in the same way that donations to a 501(c)(3) charity or a church are deductible?
6
votes
4answers
1k views
Can making a donation reduce your tax bill?
If my adjusted gross income is $1000, and I make a donation of $100, then it seems that I'm still going to have to pay a tax on the $1000. The donation is deductible, so I don't pay any tax on that, ...
4
votes
4answers
1k views
Donating books to charity & claiming a deduction on my income tax: How to value the goods?
I have a large number of books. I tried selling them on Amazon, but they don't cost enough to make up for the shipping. I tried selling them at local book stores, but they barely took any of them ...
4
votes
1answer
616 views
Can I claim a UK or foreign charity donation as tax deductible in Canada?
Can I claim a UK charity donation as tax deductible in Canada?
More generally, are charitable donations to foreign charities tax deductible in Canada?
11
votes
4answers
2k views
How to donate money anonymously?
I would like to donate some money to a charity, but I would rather they not know who donated it. How could I go about this if cash isn't an option
