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Certainly it's acceptable documentation....for those types of donations you need to document. I keep a copy of the receipt with my return--the information goes on the tax form that deals with charitable contributions and the type of contribution.
It does not need to be attached to a return or anything. Just, if you are audited, you have to produce documentation for the amounts that you claimed as a deduction based on contribution. Some contributions, basically those above a few hundred dollars, require specific types of documentation or proof.
Certain types of donations require special types of paperwork...cars, stocks, etc.
See the link for complete explanations, limits and other requirements for having a supportable charitable contribution deduction.
What else can I help you with?
How do you get your pay stub for Goodwill?
They will hand it to you next time you work
What time does the goodwill in spartanburg SC close?
Goodwill locations often have varying hours, but typically, the Goodwill store in Spartanburg, SC, closes around 7:00 PM on weekdays and Saturday, and may close earlier on Sundays. It's best to check the specific store's hours by visiting the Goodwill website or calling the store directly for the most accurate information.
How do you calculate goodwill of a company?
Goodwill is calculated as the difference between the purchase price of a company and the fair value of its identifiable net assets (assets minus liabilities) at the time of acquisition. To determine goodwill, first assess the fair value of all tangible and intangible assets and liabilities. Then, subtract the total fair value of net assets from the acquisition price. The formula can be summarized as: Goodwill = Purchase Price - Fair Value of Net Assets.
What is number of years purchase in goodwill calculation?
it is the time till the annuity pays back. or it is the time till the brand name of existing setup is needed to continue business
Why is goodwill not amortised?
Goodwill is not amortised because it is considered to have an indefinite useful life, reflecting the ongoing value of a company's reputation, customer relationships, and brand recognition. Instead of amortisation, goodwill is subject to annual impairment testing to determine if its carrying value exceeds its fair value. If impairment is identified, the goodwill value is adjusted downward, ensuring that financial statements accurately reflect the company's worth. This approach aligns with the principle of matching the asset's value with its economic benefits over time.
If you have an accident before the deductible is lowered but the claim is not filed until after which deductible applies?
The deductible at the time of the accident not the time of claim.
When did Time Slip happen?
Time Slip happened in 1993.
When was Time Slip created?
Time Slip was created in 1993-11.
When was Martian Time-Slip created?
Martian Time-Slip was created in 1964.
How many pages does Martian Time-Slip have?
Martian Time-Slip has 220 pages.
What time does the the goodwill close in laquinta?
nine o'clock
Does a deductible have to be paid each time you file a claim under homeowners insurance?
The deductible applies to every individual claim.
Are vehicle registration fees tax deductible in kansas?
Registration fees are only deductible when based on the value of the vehicle. KS registration is a set amount bsaed on the weight so they are not deductible. Your Property Taxes (paid at the same time) are deductible.
When was Time Slip Dr. Jin created?
Time Slip Dr. Jin was created in 2011.
Do you have to pay a deductible if a roof of a building falls on your car?
Yes, any time there is a claim which the insurance co will be covering, a deductible is paid.
What are signs that a Volvo clutch could be in trouble?
If it starts to slip or if you have to push it in a long way just to get it to come out or gear then its starting to go. They will usually start to slip first because in the clutch there is a pressure plate and they will wear down over time and then it starts to slip when it gets to low.
How do you get your pay stub for Goodwill?
They will hand it to you next time you work
