Charitable contributions
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| What are qualified charitable organizations | Qualified organizations are generally nonprofit groups that are charitable reglious,educational,scientific,orliterary in purpose or that work to prevent cruelty to children or animals
🗑
|
||||
| Which of the following outlays are deductible as charitable contributions: Church,a wothy individual,scholarship fund for a school,tickets for school alumni banquet,donation Boy Scouts,scout camp fee for child,YMCA membership dues,YMCA building fund | Church,scholarship fund for school,donation to Boy Scouts,YMCA building fund
🗑
|
||||
| Is the cost of items purchased to benefit a charitable organization deductible(example,ballet tickets to raise money for a nonprofit hospital) | Only the amount paid in excess of the value of the item is deductible.
🗑
|
||||
| What is the general deduction limit for charitable contributions | 50% of the taxpayer's AGI.Lower limits may apply for certain organizations and donation of appreciated property
🗑
|
||||
| What can be deducted by a volunteer workers | Out-of-pocket expenses for uniforms,equipment,supplies,transportation,and food and lodging if away from home overnight
🗑
|
||||
| What can be claimed by volunteers in lieu of actual gas and oil expenses | 0.14 per mile
🗑
|
||||
| May a volunteer claim a deduction for permitting a charitable organization to use property without charge | No deduction is allowed for donation of the use of property
🗑
|
||||
| A taxpayer wrote a check for a $500 donation to his mosques.Is his cancelled check sufficient documentation to support his deduction | No.Because the gift exceeded $249 the taxpayer must have written confirmation fron the donee organization
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
dawn2000
Popular Miscellaneous sets