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Not enough information provided to answer accurately. Who is "Their" you refer to? If it is a business that is NOT a corporation then the answer would be yes they are useless since only a corporation can make a business charitable contribution. If it is a Sole-Proprietorship or a Single-Member LLC then they can file a Form 1040. While the charitable contribution would not be allowed on the Schedule C, they could claim it on a Schedule A if they have enough to itemize.
If they are individuals and they don't have enough to itemize, then the receipts would be useless as well.
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∙ 12y ago
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Do American charities have to have a charity number?
If a charity is registered and has a charity number, it can then issue receipts for the charitable donations which it receives, and those receipts can then be used as the basis for income tax deductions. It is also possible to operate a charitable organization that is not registered, and therefore does not issue receipts, but which still engages in charitable activities.
Which is not true about receipts?
you must supply receipts for all trip expenses claimed on a voucher
Which are TRUE statements about receipts in DTS?
Receipts are mandatory for all expenses of $75 or more and all lodging expenses.
Which is a true statement about receipts in dts?
Receipts are mandatory for all expenses of $75 or more regardless of expense type.
Is a TRUE statement about receipts in DTS?
Receipts are mandatory for all expenses of $75 or more and all lodging expenses.
A true statement about receipts in dts?
Receipts are mandatory for all expenses of $75 or more and all lodging expenses.
What is a TRUE statement about receipts in DTS?
Receipts are mandatory for all expenses of $75 or more and all lodging expenses.
The following is a TRUE statement about receipts in DTS?
Receipts are mandatory for all lodging and expenses of $75 or more and most lodging expenses.
Atelectasis renders the lung useless for ventilation?
true
What is the format for cash receipts journal?
we have some confusion about formet of cash recipts.is it true?
What is true about a voucher that supports a cancelled trip?
It may require electronically attached receipts
What forms are needed for Goodwill donations in terms of charitable contributions?
Organizations such as Goodwill regularly issues receipts at the time of donation. Keep those receipts with your other tax records. Charitable contributions are itemized in the Gifts to Charity section of Schedule A (Itemized Deductions). If your donations to Goodwill are more than $500, fill out Section A (Donated Property of $5,000 Or Less) of Form 8283 (Noncash Charitable Contributions). If your donations total more than $5,000, fill out Section B (Donated Property Over $5,000). Also an appraisal will need to fill out Part III (Declaration of Appraiser) in Section B. For more information, go to www.irs.gov/formspubs for Publication 526 (Charitable Contributions).
