shderz@sh.itjust.works to Comic Strips@lemmy.worldEnglish · 1 month agoWould you like to donate a dollar?sh.itjust.worksimagemessage-square18fedilinkarrow-up1598arrow-down139
arrow-up1559arrow-down1imageWould you like to donate a dollar?sh.itjust.worksshderz@sh.itjust.works to Comic Strips@lemmy.worldEnglish · 1 month agomessage-square18fedilink
minus-squareKingJalopy @lemm.eelinkfedilinkarrow-up5·1 month agoI’ve been told since you donate it’s a tax write off for yourself and therefore the company can’t double write it off on theirs. Not sure I believe that these companies follow the rules but that’s what I’ve been told.
minus-squaremoody@lemmings.worldlinkfedilinkarrow-up4·1 month agoWhen you make a donation, you will get a receipt for it and that’s what you use to declare it on your taxes. The company taking your donation will have a copy of that receipt showing that you made the donation and not them.
I’ve been told since you donate it’s a tax write off for yourself and therefore the company can’t double write it off on theirs. Not sure I believe that these companies follow the rules but that’s what I’ve been told.
When you make a donation, you will get a receipt for it and that’s what you use to declare it on your taxes.
The company taking your donation will have a copy of that receipt showing that you made the donation and not them.