This issue sometimes comes up about giving at church and deducting it from personal taxes but I don't understand the whole concept.
Basically, the question is this. If a person gives their church (a qualified non-profit organization) a donation or offering, and the person reports the gift on their income taxes, does the IRS simply just not tax the amount that was given?
In other words, does the gift increase the amount of non-taxable income?
Then, secondly, what kind of supporting documentation would the IRS require to substantiate the claim. Churches don't normally give receipts for offerings taken during service.
Please state your qualifications if you have an informed answer. Thanks.
2007-08-07
19:35:17
·
5 answers
·
asked by
Anonymous
in
United States