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June 1, 2019
Question

How do I account for various donations I made to my child's classes?

  • June 1, 2019
  • 1 reply
  • 0 views

How do I account for the following:

1. Monetary donations to classrooms.

2. New items I purchased for silent auction gift baskets at a school fundraiser.

3. Supplies (such as table coverings) I purchased for a school fundraiser.

Thanks much!

1 reply

Employee
June 1, 2019

According to the IRS, you can donate some items that were donated to a local school providing they are a non-profit organization.  I have included a LINK here that will take you to a good article that discusses donations to schools and the type of items that can be donated. 

If you are uncertain on how to add charitable contributions to your income tax return using TurboTax, I have included LINK below that has the directions to do so.

https://ttlc.intuit.com/replies/4797927