I guess that I've always considered shopping at these places as "a charitable contribution" because I can get the items new elsewhere. I just think that its a great charity to help support so I try to do as much there as possible. But I've never claimed all the money that I put towards that on my taxes. I was told I could by someone at work but they're not an expert so i thought I would try and get a solid answer. Anyone have any insight?
2007-11-28 05:30:06 · 7 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
NO
Buying isn't tax deductible DONATING is
2007-11-28 05:32:41 · answer #1 · answered by sweetbeesma 5 · 7⤊ 0⤋
Regardless of how YOU think about buying from Goodwill or the Salvation Army, the IRS doesn't think that way.
Contributions to Goodwill and the Salvation Army are deductible from income, but what you spent buying from them is not.
2007-11-28 05:34:17 · answer #2 · answered by Edward G 6 · 6⤊ 0⤋
No, buying from isn't tax deductible - you get items for the money you pay. Donating to them can be tax deductible, but not buying from them.
2007-11-28 05:37:10 · answer #3 · answered by Judy 7 · 6⤊ 0⤋
If you're interested, this is a popular forum for Salvation Army members, you may find more answers here...
http://christianforums.com/f452-cyber-corps-salvation-army.html
2007-11-30 02:12:51 · answer #4 · answered by Anonymous · 0⤊ 0⤋
only donations are tax deductible
2007-11-28 05:37:54 · answer #5 · answered by tuberk768 5 · 3⤊ 0⤋
no, because it is not a donation it is a purchase, you are getting product in return. A donation is just that, you give something just for the sake of giving.
2007-11-28 05:33:03 · answer #6 · answered by slushpile reader 6 · 6⤊ 0⤋
it seems logical, but no you cannot deduct on your taxes.
2007-11-28 05:33:19 · answer #7 · answered by DeeDee 6 · 1⤊ 1⤋