MT Guidance on Yearly Charitable Contributions | TigerDroppings.com

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RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1632 posts

MT Guidance on Yearly Charitable Contributions



Can any of you provide me the right protocol for tracking charitable contributions in any given year, for tax keeping purposes?

Say I give 2 donations of $500 to a university. One being for athletics and the other $500 going towards a scholarship fund. What should I do upon each donation to make sure I get a tax benefit from it on next year's tax return?







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MaesterMullen
Mississippi St. Fan
flowood,ms
Member since Jul 2012
1653 posts

re: MT Guidance on Yearly Charitable Contributions


they should give you some kind of receipt for your donation. hold on to it and take it to your tax preparer come tax time





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Bubba Bexley
LSU Fan
Member since May 2007
3579 posts

re: MT Guidance on Yearly Charitable Contributions


yeah. easiest way is just to donate online and print the receipt.





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RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1632 posts

re: MT Guidance on Yearly Charitable Contributions


Great, do you know of any references I can glance through to determine the amount of tax benefit I will receive?





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