Guns N' Roses (CE)
Jersey Jack, 2020You're currently viewing posts by Pinsider Zavadoza.
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This is legitimately tax deductible. Your motive for donating to a charity is irrelevant. You are not receiving any subsidy of any kind that would reduce the cost of the pin, therefore the entire charitable contribution is tax deductible.
Quoted from JDHHoover:You are missing the point that you would not have been able to buy the car in the first place (in your example) if you had not made the donation... the option to buy is the value. In this case with being able to buy the machine, the transaction is most definitely associated.
Do what you want... just something to keep in mind. Again, accolades to OP. My last post.
It's not associated. There is no written contract that ties the two separate transactions together. The buyer and seller have one transaction, the purchase of the pinball machine.
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Helotes, TX