Welcome Guest. Register Now!  


Itemized Deductions Schedule-A


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 01-23-2017, 06:32 PM
Junior Member
 
Join Date: Dec 2014
Posts: 2
Charitable Deduction Substantiation

What documentation do I need to substantiate charitable contributions?
I was just audited by the NY State, and they're requesting canceled checks AND receipts. However, for some of the contributions, I have a receipt but, for some reason, I can't locate the canceled check. IRS Pub. 526 states that you need either a canceled check OR a receipt (unless it's $250 or more that you need a receipt.).

Does anyone have experience with this issue?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 01-24-2017, 08:42 AM
Moderator
 
Join Date: Oct 2010
Posts: 5,258
You need to contact your bank for a copy of your canceled check. as irs said, you need either a canceled check OR a receipt; If you ever donate $250 or more at a time, you need a receipt from the organization. If not, your canceled check or other documentation is all you need. For example, if you give a regular weekly donation of $25, you don?t need a receipt as long as you have some kind of record, even though your eventual contribution is far greater than $250.
Please contact NYS for more info if it is OK even if you have only a receipt ; It is up to NYS



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Charitable Deduction Question OffLeashDog For 2013 1 01-05-2014 04:52 AM
Charitable Deduction ChrisE Itemized Deductions 1 02-18-2011 04:26 AM
Charitable Contribution? CP13 Itemized Deductions 1 03-08-2009 01:22 PM
Charitable deductions depstein1983 Itemized Deductions 1 07-09-2008 11:15 AM
Can I file an amended return for charitable cash deduction? Bill Dennison Itemized Deductions 1 03-10-2008 07:10 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.