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April 10, 2025
Question

If I purchased tickets to travel for charity in 2024, but the travel is in 2025, when do I take that deduction?

  • April 10, 2025
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    1 reply

    April 10, 2025

    You are a cash basis taxpayer.  So a qualified charitable deduction is taken when the cash leaves your bank account. 

     

    @carolmarie01 

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