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 Today

Craig 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.

Answer this question: