2007-08-07 03:11:54 · 6 answers · asked by ncasb 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
Yes, assuming that you are referring to a PTA located in the United States, if the PTA has applied for and/or received its "determination letter" from the IRS that it is a charitable organization under the Internal Revenue Code, Section 501(c)(3). Call your PTA President or Treasurer to verify this.
If the PTA has not applied, and if the amount of your donation will be substantial, then there are a few alternatives that may work. For example, you may make the contribution directly to the school, if the school is public or itself has a determination letter.
Remember that not all charitable gifts are tax deductable, so verify before you contribute.
If you require a more detailed answer, then please re-post with a more detailed question.
Good luck.
2007-08-07 03:22:59 · answer #1 · answered by Tim F 5 · 2⤊ 0⤋
As long as the PTA is a 501c3 nonprofit, it's tax deductable. Just make sure to document your cash donation with some kind of letter from the PTA association.
I hope that helps.
2007-08-07 10:14:23 · answer #2 · answered by Michael K 5 · 4⤊ 0⤋
only if the school PTA is recognized as a non-profit and has tax deductible status from the irs for donations.
2007-08-07 12:39:39 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Only if the PTA is a registered charity.
2007-08-07 11:23:21 · answer #4 · answered by Bostonian In MO 7 · 3⤊ 0⤋
Don't the lousy public schools get enough of your money?!
2007-08-07 21:04:43 · answer #5 · answered by Tom's Mom 4 · 0⤊ 2⤋
yes, charitable giving is tax deductible.
2007-08-07 10:19:06 · answer #6 · answered by cashmaker81 6 · 0⤊ 5⤋