The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  https://boards.fool.com/charitable-deduction-question-29815971.aspx

Subject:  Charitable deduction question Date:  1/31/2012  1:10 PM
Author:  fleg9bo Number:  114794 of 129720

In 2011 I purchased an airplane ticket for a February 2012 trip to do volunteer work with an IRS-approved non-profit group and I promise not to have fun while I'm doing it, so the deductibility of the trip will be legit.

Since the trip hadn't yet happened in 2011, can I take the deduction for the plane ticket that year? Or should I wait until the trip actually takes place and take all the deductions for it in 2012?

--fleg
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us