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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 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.
How do you account for negative goodwill?
Negative goodwill arises when a company's purchase price for an acquired entity is less than the fair value of its net identifiable assets. It is recognized as a liability on the balance sheet, indicating that the acquirer has gained a bargain purchase. This negative goodwill is typically evaluated and accounted for at the time of acquisition, and it may be recognized as a gain in the income statement in the period of acquisition, reflecting the advantageous nature of the transaction.
Who started the goodwill stores?
Goodwill Industries was founded by Reverend Edgar J. Helms in 1902 in Boston, Massachusetts. He aimed to provide job training and employment opportunities for individuals with disabilities and other barriers to employment. Helms initiated the concept of collecting donated goods, which were then sold to fund vocational programs. Over time, Goodwill expanded and established numerous retail stores across the United States and beyond.
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.
What time does the the goodwill close in laquinta?
nine o'clock
How many pages does Martian Time-Slip have?
Martian Time-Slip has 220 pages.
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.
How do you get your pay stub for Goodwill?
They will hand it to you next time you work
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.
