If a taxpayer makes a donation in excess of $50.00 to a 501(c)(3) >organization, it's my understanding that the organization is supposed
to document that donation in the following calendar year, by sending
a receipt to the taxpayer.
What specific regulation or law is that? I've spent some time looking,
but my searches have come up empty. Can anybody provide me with a
pointer to the relevant IRS page?
From IRS Pub 1771 page 2 https://www.irs.gov/pub/irs-pdf/p1771.pdf:
contribution incurs no penalty; but, without a written acknowledgment, the donor cannot claim the tax deduction.From IRS Pub 1771 page 2 https://www.irs.gov/pub/irs-pdf/p1771.pdf:
Written Acknowledgment
Requirement
A donor cannot claim a tax deduction for any single contribution of $250 or more unless the donor obtains a contemporaneous, written acknowledgment of the contribution from the recipient organization. An organization that does not acknowledge a
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