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Old June 5th, 2008 -   #3 (permalink)
LittleDogy
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Default Re: I want to give money to my kid's school's parent club

Quote:
Originally Posted by splathead
Yes, you would classify it as a donation. I don't think it matter to YOU if the organization you are giving it to is a non profit or not. It matters to THEM whether they would have to pay tax on the donation or not.

Donantions are tax deductible. you don't need a receipt, your cancelled check will do. But if you can get one, so much the better.
Thank you : )

So I can donate anytime to anyone or anything...I just need to keep the cancelled checks.

And then all of those donations can be written off, with no limit, as far as my taxes are concerned?