Receipt Format For Donation In Pima

State:
Multi-State
County:
Pima
Control #:
US-0018LR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

Form popularity

FAQ

As mentioned above, to claim a charitable donation, you need to itemize your deductions using Form 1040, Schedule A as part of your tax preparation. Schedule A reports your itemized deductions, including charitable contributions. Fill out this form carefully to ensure accurate information about your donations.

Individuals, partnerships, and corporations file Form 8283 to report information about noncash charitable contributions when the amount of their deduction for all noncash gifts is more than $500.

The same applies to stock gifts/donations. In this case, you should send a donation receipt comprising details such as the ticker symbol, the number of shares, and the donation date. Mentioning the value of the stock is not necessary since a nonprofit is not supposed to be assigning value to stocks or gifts.

Substantiation the amount you contributed; a description of any property you gave; a statement as to whether the charity provided services or goods (a meal or tickets, for example) as full or partial consideration for your donation, plus a description and good faith value estimate of the services or goods.

Example 2: Individual Acknowledgment Letter Hi donor name, We're super grateful for your contribution of $250 to nonprofit's name on date received. As a thank you, we sent you a T-shirt with an estimated fair market value of $25 in exchange for your contribution.

About Form 8283, Noncash Charitable Contributions. Internal Revenue Service.

Write in the total fair market value of your donation. This value is determined by you, the donor. Goodwill provides a donation value guide to help determine fair market value. Please note: Goodwill employees cannot help determine fair market value.

Ing to the IRS, any kind of donation above $250 should require a donation receipt. The same applies to stock gifts/donations.

You can qualify for taking the charitable donation deduction without a receipt; however, you should provide a bank record (like a bank statement, credit card statement, or canceled check) or a payroll deduction record to claim the tax deduction.

Technically, if you do not have these records, the IRS can disallow your deduction. Practically, IRS auditors may allow some reconstruction of these expenses if it seems reasonable.

More info

If you contribute using our secure online form to pay with a major credit card, you will receive a receipt in your email that you can print out. A donation receipt documents the details of a cash or property donation that's gifted to an individual cause or organization.Just fill out the secure form or you may make your donation in person at the Pima County JTED District Office. Please write your name and your CASA child's name on the receipts. Fill out the attached Tax Credit Form. Attach your check made out to the school of your choice. Choose how much you want to donate with your purchase. PHB150IN is offered in the hybrid format. Please include a copy of your receipt when requesting a donation letter. If you wish to receive a donation receipt, fill out our Donation Receipt Form.

Trusted and secure by over 3 million people of the world’s leading companies

Receipt Format For Donation In Pima