IRS rule for Noncash donations of less than $250 multiple donations?
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Thread created 09-05-2012 by jkloisdafoiwdaf
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I know this might not be the best place to ask......
The IRS rule for Noncash donations of less than $250 multiple donations, does it mean one donation(receipt) of under $250 or the aggregated...
IRS rule for Noncash donations of less than $250 multiple donations?
Expired
Thread created 09-05-2012 by jkloisdafoiwdaf
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4 Replies
2,025 Views
Thanks. But the part you quoted is for cash contribution. I don't know it it also applies to non-cash
I am not a lawyer or tax professional but this seems to be really unclear.... similar items?...
IRS rule for Noncash donations of less than $250 multiple donations?
Expired
Thread created 09-05-2012 by jkloisdafoiwdaf
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4 Replies
2,025 Views
I am going to move your thread to the Finance forum :)
IRS rule for Noncash donations of less than $250 multiple donations?
Expired
Thread created 09-05-2012 by jkloisdafoiwdaf
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4 Replies
2,025 Views
The IRS is pretty clear: http://www.irs.gov/publications/p526/ar02.html#en_US_2011_publink1000229831
"Amount of contribution. In figuring whether your contribution is $250 or more, do not...
IRS rule for Noncash donations of less than $250 multiple donations?
Expired
Thread created 09-05-2012 by jkloisdafoiwdaf
0 Score
4 Replies
2,025 Views
Sorry, not sure how I missed the non-cash part. The link will answer your question. Part of it is that you need to get the receipt. It doesn't matter if each item donated does not have an amount...
