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January 22, 2024
Question

Am I able to list donations to someone's school scholarship project that are helping kids in need?

  • January 22, 2024
  • 1 reply
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I bought about $200 worth of toys for a high schooler's scholarship to help give them out to kids in her area for Christmas.   

1 reply

Employee
January 22, 2024

To deduct a charitable donation it must be made to a recognized charity and you should have an acknowledgment from the charity.  The deduction would be an itemized deduction on Sch A. You total itemized deduction would have to be greater than your standard deduction to benefit you.