If i give $1,000 to an local NON Charitable organization with the intent that they will of finally given that money to the Red cross. Is that 1,000 deductible on my tax return?
*they did donate that money
2007-10-08 14:36:49 · 4 answers · asked by clugolf 1 in Business & Finance ➔ Taxes ➔ United States
is there an IRS regulation or court cases relate to this ?
2007-10-08 14:45:27 · update #1
I don't know why you would do this in the first place, but since it seems like a breach of contract anyway, why not at least consult with a lawyer and see what your options are. My gut feeling would be you can't, but I am not a lawyer. I don't even play one on TV.
2007-10-08 14:41:15 · answer #1 · answered by Anonymous · 0⤊ 1⤋
No, that is not a charitable donation as far as your tax return is concerned. Only donations that you make DIRECTLY to a registed charity are deductible. If you want the deduction for the donation to the Red Cross, you must make it directly to the Red Cross yourself. If doesn't matter what the organization that you gave the money to did with it, it is NOT a charitable donation from your perspective.
2007-10-08 17:33:00 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
No, if you gave it to an organization that wasn't 501(c)3, then you can't deduct it.
To deduct that much you'd have to have a receipt from the charitable organization that you gave them the money - and you didn't, the other organization did.
That does, by the way, sound like a very strange way for you to make the donation.
2007-10-08 15:12:43 · answer #3 · answered by Judy 7 · 1⤊ 0⤋
Yes, I do believe that it is still- (in a roundabout) sort of way still deductable....Good Q- and Good Luck =)
2007-10-08 14:41:25 · answer #4 · answered by MomX's2 3 · 0⤊ 2⤋