Claim a deduction for a cash contribution


Question: When can you claim a deduction for a cash contribution of $250 or more: a. if you have a canceled check b. if you have the check notarized c. if you obtain a contemporaneous written acknowledgment from a qualified charitable organization or certain payroll deduction records d. if you have a copy of the qualified organization's bank statement showing deposit of the funds

 

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Accounting Basics: Claim a deduction for a cash contribution
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