should i believe in this?
2007-07-29 08:17:16 · 9 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
I unfortunately think it's a scam. If you want to donate money check out legitimate organizations in the US that help overseas. If you donate money to a foreign organization you have no idea what they are doing with your money, at least with a US organiation you can request public information on them.
2007-07-29 08:25:09 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Somebody told you wrong. No, it's not deductible unless you are contributing to an IRS approved charity in that country.
And even then you'd only save a percentage of your donation, not all of it.
2007-07-29 18:05:07 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Before you accept that statement you need to get clarification as to what they mean. On the surface it does not seem to be an accurate statement.
2007-07-29 15:21:55 · answer #3 · answered by ? 6 · 0⤊ 0⤋
Sure,
and i you put money in my account, you will receive 3 wishes from a magic butt pirate!
2007-07-29 15:21:40 · answer #4 · answered by Jason C 2 · 2⤊ 0⤋
send your money to me
2007-07-29 15:20:15 · answer #5 · answered by Keith 6 · 0⤊ 0⤋
Money given to charity is claimable on your income taxes, thereby reducing the amount of tax you pay by a defined percentage.
2007-07-29 15:20:15 · answer #6 · answered by alisongiggles 6 · 0⤊ 4⤋
Why not donate to your own country instead??
2007-07-29 15:20:25 · answer #7 · answered by mjbcmomma 2 · 0⤊ 2⤋
no, but depending on how much you give, u might get a tax deduction.
2007-07-29 15:20:19 · answer #8 · answered by Becca 1 · 0⤊ 3⤋
Not true!
2007-07-29 15:19:14 · answer #9 · answered by Chuck Gallagher 2 · 0⤊ 0⤋