Key point. Charitable contribution deductions for contributions of noncash property are subject to various substantiation requirements. Failure to comply with these requirements can result in a loss of any deduction even if there is no doubt that a contribution was made.
The United States Tax Court disallowed a married couple's $37,315 charitable contribution deduction for lack of proper substantiation.
On Schedule A, Itemized Deductions, of their 2011 federal income tax return, a married couple (the "taxpayers") claimed a charitable contribution deduction of $37,315 for noncash charitable contributions, which the IRS disallowed in its entirety.
Taxpayers did not produce a receipt
The taxpayers contend that they donated property during 2011 to four charitable organizations: the Upper Dublin Lutheran Church (Church), Goodwill Industries (Goodwill), the Military Order of the Purple ...
Join now to access this member-only content
Become a Member
Already a member? Log in for full access.
Related ResourcesVisit Store
Best Practices for Receiving Charitable Contributions
Practical help and clear understanding on issues surrounding charitable contributions.
Increase Giving at Church
Develop practical and digital strategies to cultivate a culture of giving.
Charitable Contributions Tax Reminder 2021
Encourage giving by informing your donors about tax deductions they could claim.
Receipts for Donors
16 letters and forms for providing receipts to donors for different donations.
