Contribution Documentation Checklist
For the most part, these laws are the direct concern of the donor rather than the charity, as very few such laws penalize organizations for non-compliance. Charities play a critical role, however, because donors often cannot properly claim contribution deductions if the organization does not comply with the requirements. Also, for non-cash gifts, the charity’s representative is often the first person to alert the donor of a requirement.
This checklist will point organizations and donors to issues that need to be addressed for a donor to properly claim a contribution deduction. To keep it functional as a checklist, we have omitted long explanations. If any part seems to apply to you and you are not sure of the requirement details, please consult a tax advisor.
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