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04/19/2013 at 09:23AM PDT
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ArchieLeach
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ArchieLeach
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02/24/13 9:50am PST
Viewed by asker 02/26/13 7:22am PST

Warning: IRS playing hardball on charitable contributions

ProSeries

You probably don't want to hear my opinion of this decision; there may be kids in the room.
  The David P. Durden, et ux. v. Commisioner, TC Memo 2012-140
  Taxpayers claimed a charitable contribution deduction primarily made up of checks written to their church for amounts larger than $250. The church acknowledged its receipt of the contributions on a year-end statement to the taxpayers, but there was no language concerning whether any goods or services were provided in consideration for the contributions, as required under IRC Sec. 170(f)(8) . The Tax Court disallowed the deduction and reminded taxpayers that the terms of the statute require an affirmative statement that no goods or services were received.
  The taxpayers conceded they did not "strictly" comply with the requirements, but argued they "substantially" complied.
  The Durden’s deducted $25,171 as schedule A, Itemized deductions on their 2007 jointly filed income tax return for charitable contributions. Most of the contributions were made by checks to their church larger than $250.
  IRC section 170(f)(8) is clear regarding what must be on the receipt from the charitable organization regarding the fact that "no goods or services were provided in consideration for the contribution".
  For any contribution of $250 or more the taxpayer must substantiate the contribution by a contemporaneous written acknowledgement of the contribution by the donee organization that includes the following:
     
  1. The amount of cash and a description (but not value) of any property other than cash contributed.
  2.    
  3. Whether the donee organization provided any goods or services in consideration, in whole or in part, for any cash or property.
  4.    
  5. A description and good faith estimate of the value of any goods or services received by the donor or if such goods and services consist solely of intangible religious benefit.
  6.  
This statement is considered "contemporaneous" if you receive the statement on or before the earlier of:
     
  1. The date on which you file a tax return for the year in which the contribution was made, or
  2.    
  3. The due date (including extensions) for filing such return.
  4.  
Check your religious charitable receipts and look for this language:
 

"You did not receive any goods or services in connection with these contributions other than intangible religious benefits".

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IRMN
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02/24/13 10:50am PST

"You did not receive any goods or services in connection with these contributions other than intangible religious benefits".

Trying to buy your way into heaven - no deduction.

Ninety percent of tax preparation is half mental.
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02/24/13 10:53am PST

Strolling-haltingly-looking back-yea-strolling.

IRS simplification of Tax code "Just say NO"

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02/24/13 12:21pm PST

Thaks for the warning.  I have a few clients who are extremely charitable.

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02/25/13 7:03am PST

I had read this one previously, what you didn't mention (or maybe it was a different case) is that the taxpayers had gone back to the church for a proper statement but the IRS threw that out too because it wasn't contemporaneous.  scared the you know what out of me because i had made a large tithe out of an inheritance i received and declared it on my tax return.  immediately went to check the receipt i had.  it was correct thank goodness

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Accountant Man
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02/25/13 7:26am PST

The IRS is simply following the law. The contemporaneous-ness means the TP must have it when they make a claim-meaning when they file the return.

The"You did not receive any goods or services in connection with these contributions other than intangible religious benefits" has always been there.

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ArchieLeach
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Not saying that it isn't there.  Just saying that it shouldn't be there - at least in its present form.  It's ridiculously harsh and needlessly difficult to comply with.  Kinda like getting 30 days + $1000 fine for driving 66 in a 65.  No one knows this stuff except tax pros, so this poor schmuck gets hosed out of a perfectly legitimate $25K deduction.

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