Saw something interesting today.

**safari** · 03-25-2010, 11:40 PM

Only donations made to a qualified tax-exempt organization are tax deductible.

Contributions are not tax deductible if given to any of the following:

Political parties, political campaigns, or political action committees.
Contributions given to individual people.
Fees or dues paid to professional associations.
Contributions to labor unions, chambers of commerce, or business associations.
Contributions to for-profit schools and hospitals.
Contributions to foreign governments.
Fines or penalties paid to local or state governments.
The value of your time for services rendered to a non-profit.

**rob62521** · 03-27-2010, 05:36 AM

What...no truth in advertising???? :-) You do have to give the guy credit for trying though.

**PaydayLoner** · 03-29-2010, 06:36 AM

Can I add a pet peeve and a rant here, LOL?

I hate it when even legitimate organizations try to argue that I should give money "because it's tax deductible." Well, it's only tax deductible if you can itemize. I don't. So that's useless to me.

And don't even get me started on people who say, "Oh, that big corporation just donated that money for the tax deduction." Unless the corporation carefully planned a way to overvalue property they donated, the donation still cost them. If they donated cash, a big chunk of it really did come out of their pockets. People seem to think that "tax deductible" somehow means "free," especially when corporations do it.

**sherylcarter** · 03-29-2010, 12:16 PM

Can a person really donate to another person and have it be tax deductible? Wouldn't you have to get some kind of tax ID number from the IRS?

Saw something interesting today.