A
taxpayer made a contribution to her church’s scholarship fund. She wanted it to be used to pay the tuition
of the minister’s daughter. The IRS determined
that the contribution was really a gift from her to the minister’s
daughter. Accordingly, no charitable
contribution deduction was allowed.
Another
example of how confusing the tax law can be! This case also shows why it is vital that you
check with your tax advisor before you make any large or unusual contributions
in order to ensure that you will get the deduction.
Like any good CPA, I need to add a
disclaimer: Unfortunately, it is
impossible to offer comprehensive tax info over the Internet, no matter how
well-researched or written. And
remember, I love my readers, but having me bookmarked on your computer doesn’t
make you a client: Before relying on any
information given on this site, contact a tax professional to discuss your
particular situation.