From: Quan Doan
Dates: 2/2/2016
Subject: Tax deduction for Roger’s contribution to college
Facts
In 2015, Roger have contribute $1,000 to SDSU for the “rights” to purchase tickets to basketball game for 2015
Issue
Can Roger get a tax deduction from the $1,000 as a charitable contribution?
Conclusion
In Roger’s case, SDSU satisfied the criteria of an “educational organization” in §170(b)(1)(A)(ii). The $1,000 contribution is considered as a “charitable contribution” under §170(c)(2) because it was donated to SDSU. Thus, under Reg. §1.170A-1(a), the $1,000 contribution can be tax deductible
Analysis
Under §170, a tax deduction is permitted for a charitable contribution if it was made within the taxable year.
In §170(c)(2), a “charitable
Dates: 2/2/2016
Subject: Tax deduction for Roger’s contribution to college
Facts
In 2015, Roger have contribute $1,000 to SDSU for the “rights” to purchase tickets to basketball game for 2015
Issue
Can Roger get a tax deduction from the $1,000 as a charitable contribution?
Conclusion
In Roger’s case, SDSU satisfied the criteria of an “educational organization” in §170(b)(1)(A)(ii). The $1,000 contribution is considered as a “charitable contribution” under §170(c)(2) because it was donated to SDSU. Thus, under Reg. §1.170A-1(a), the $1,000 contribution can be tax deductible
Analysis
Under §170, a tax deduction is permitted for a charitable contribution if it was made within the taxable year.
In §170(c)(2), a “charitable