Gifts directly to homeless students not deductible
A taxpayer who claimed a variety of charitable contribution deductions has learned the hard way that contributions are not deductible if you don’t follow the rules. The Tax Court has sustained a decision of the Internal Revenue Service to deny more than $6500 in claimed charitable contribution deductions. The taxpayer is a woman who taught 10 courses either as an adjunct or substitute professor at seven different colleges in California and also worked as a sales consultant to multiple companies throughout the year. She was completing a master’s degree in public health and maintained a real estate license. The IRS denied a series of deductions for business expenses and travel costs on her...
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