[ SHOWGSD-L ] Re: Charitable trust
- From: "Stormy V. Hope" <stormy435@xxxxxxxxx>
- To: Tish Walker <TISHW@xxxxxxx>, showgsd-l <showgsd-l@xxxxxxxxxxxxx>
- Date: Wed, 5 Mar 2014 11:04:59 -0800
The $1.50 of Zoes Mailing labels have to be deducted from the $20. Her
Donation was $18.50.
And she didnt even use the labels
Storm
On Mar 5, 2014, at 10:58 AM, TISHW@xxxxxxx wrote:
> Better get out the IRS rules on this and check it out for yourselves. The
> rule book I have states that if you receive goods as a result of your
> donation which was certainly the case with the donation to the Charitable
> Trust,
> you must deduct the cost of what you received from the amount which you
> donated.
>
>
> In a message dated 3/5/2014 1:15:38 P.M. Eastern Standard Time,
> wynsum@xxxxxxx writes:
> Your donation is the amount of the check written as it is a 501C3
>
> To draw an analogy
>
> I get mailing labels from the VETS (the labels have the wrong name and I
> would not use them),
> but every year I send them a Check anyway. Let's say I write a check fo
> $20 as a donation, and
> the labels are a gift from them for that donation. I deduct the $20, not
> the 1.50 the labels are
> worth.
>
> The trust was set up so people AND BUSINESSES could make TAX Deductable
> DONATIONS
>
>
>
>
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> POST is Copyrighted 2014. All material remains the property of the original
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> Showgsd-l Management. ALL RIGHTS RESERVED.
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Stormy V. Hope
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POST is Copyrighted 2014. All material remains the property of the original
author and of GSD Communication, Inc. NO REPRODUCTIONS or FORWARDS of any kind
are permitted without prior permission of the original author AND of the
Showgsd-l Management. ALL RIGHTS RESERVED.
Each Author is responsible for the content of his/her post. This group and its
administrators are not responsible for the comments or opinions expressed in
any post.
ALL PERSONS ARE ON NOTICE THAT THE FORWARDING, REPRODUCTION OR USE IN ANY
MANNER OF ANY MATERIAL WHICH APPEARS ON SHOWGSD-L WITHOUT THE EXPRESS
PERMISSION OF ALL PARTIES TO THE POST AND THE LIST MANAGEMENT IS EXPRESSLY
FORBIDDEN, AND IS A VIOLATION OF LAW. VIOLATORS OF THIS PROHIBITION WILL BE
PROSECUTED.
For assistance, please contact the List Management at admin@xxxxxxxxxxx
VISIT OUR WEBSITE - http://showgsd.org SUBSCRIPTION:
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