Old 03-06-2013, 01:02 PM
  #43  
ghostrider
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Originally Posted by riutzelj View Post
any legitimate donation to a 503C ( charitable deduction) is tax deductible . That includes mileage to work at the charity site etc. If the organization doesn't give a tax receipt which all 503C's are required to do, you can take up to $500.00 a year off your taxes without receipts. You have to list what you donated and the value however less than $500.00 a year total deductions on a 1044 don't require a receipt.
If you are making a quilt specifically, keep sales receipts for materials etc. for reporting purposes.
It's actually 501(c)3 organizations that I believe you are referring to, but there are others that qualify as well. Qualified organizations include those organized for charitable, religious, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Certain organizations that foster national or international amateur sports competition also qualify.

Also, regarding the cost of mailing donated quilts (or any other donation), the postage cost can also be claimed as part of the deduction. You do not have to 'eat' it.

Last edited by ghostrider; 03-06-2013 at 01:05 PM.
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