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January 27, 2025
Question

how do I report a donation of donor advised funds

  • January 27, 2025
  • 1 reply
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    1 reply

    SteamTrain
    Employee
    January 27, 2025

    @sarahlareina 

     

    1)  A contribution you made to your account in the Donor Advised Fund?

    ..........OR...........

    2)  A grant you advised to be taken from your DAF account, and sent to some charity?

    ___________________________

    You only report #1 in the Charity Donations section of the software

     

    .............You do not report #2 at all.   (other than on any spreadsheets you might want to have, in order to keep a personal track of which charities you send some $$ to.)

     

    ____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
    January 27, 2025

    Thanks! I did both, actually. This is helpful