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Expert Q&A

How are tickets to charitable events treated?


Related Topics: Charitable Giving, Tax Returns and Preparation
Related Tags: Tax Planning
Thomas Bridgman
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By Thomas Bridgman - Brent Financial Group, LLC
Answered 11 months ago

If the organization is a qualified charity, a portion of the ticket price may be deductible. The organization would need to provide a statement to you indicating what portion of the price can be considered a donation.

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