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-   -   Charity/donation vs. Work for non profit organization (https://www.askmehelpdesk.com/showthread.php?t=80474)

  • Apr 8, 2007, 06:02 PM
    moist_plum
    Charity/donation vs. work for non profit organization
    Hi
    If I provided a work for non profit with a discounted rate (approx. 20%), can I put
    Down the discounted amount in Charity/Donation sector? This was how I and
    My non-profit client negotiated the pricing when we began the work relationship,
    And I would like to check if this is really possible.

    I have a letter from the client, who is a University, saying that they are
    A non-profit organization, and therefore they were offered a discounted rate.

    In case of IRS audit, would this be enough to justify "Charity/Donation" amount?

    Thanks so much again in advance.

    Best
  • Apr 8, 2007, 06:36 PM
    The Texas Tax Expert
    Quote:

    Originally Posted by moist_plum
    Hi
    If I provided a work for non profit with a discounted rate (approx. 20%), can I put
    down the discounted amount in Charity/Donation sector? This was how I and
    my non-profit client negotiated the pricing when we began the work relationship,
    and I would like to check if this is really possible.

    I have a letter from the client, who is a University, saying that they are
    a non-profit organization, and therefore they were offered a discounted rate.

    In case of IRS audit, would this be enough to justify "Charity/Donation" amount?

    Thanks so much again in advance.

    Best

    You cannot deduct anything for the time you provide to the charity at the discounted rate. You can claim expenses you incurred for which you were not reimbursed.
  • Apr 17, 2007, 10:24 AM
    AtlantaTaxExpert
    Agreed!

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