Question: Receipt for fundraiser donations
Do I need a receipt for items I donate for a fundraiser. Example : i donate muffins to a breakfast fundraiser
Asked by Anonymous
Advice from PTO TodayCraig writes:
My understanding is that to deduct it from your personal taxes, you should have a paper trail in case of audit. Also, the organization must be a 501c3 charity in order to make any contribution tax deductible. The alternative is to get reimbursed by the group for your purchase. For that, we recommend that groups require receipts.
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